The CoolPix does work pretty well out of the box. I've had to go into the menus to change a few things to my liking. (I hate unnecessary noise from the tools so I turned off all sounds; I also arranged for it to display my business card + cellphone number when first turned on.)
I turned off the "red-eye" mode, but maybe it's still on auto because there are delays when I'm using the flash. I do any red-eye elimination on the computer (along with "glasses-flash" reduction).
I also minimize my use of flash by using "sports" mode and lightening the result on the computer. I minimize use of "sports" mode indoors, though, because it seems to work some motor (focus?) really hard. The result is not always perfect, but if I am really interested in a perfect picture indoors I am NOT using this camera. It was the answer to "I'd like to have a camera with me always, but the D70 is sometimes too big to lug."
All our cameras reside in cases when not in use, and when in use (with rare exception) the lanyard's around my wrist, a habit I got into decades ago.
Haven't had an issue with unprotected screens yet, going back over 9 years with the Mavica, but then I'm near paranoid about damage to them. (The screen protector on my Zaurus PDA is some 4 years old.)