This might help:
http://www.dpreview.com/reviews/Q311...pactgrouptest/
From the same site as your link even!
Doesn't include that Nikon, so you might want to find a review to compare them. I find point and shoots to be hit and miss... even an "upgraded" version of certain cameras is sometimes a downgrade depending on the image processing and what compromises were made. Try to find a review, ideally from a site that reviews both the Nikon and the Panasonic DMC-TS3, to make sure you're not just comparing a gushy reviewer with a carmudgeony one.