I got a pretty good deal on the basic kit (camera body and 18-55mm zoom lens) and also got a deal on a 55-200mm zoom, kitbag, instructional DVD and other goodies. I experimented with it tonight on a few different subjects (kids and pets, basically) and the results were brilliant. Very vibrant color, excellent depth of field, and a very easy, intuitive menu system (with quite a large screen to use as well!) make this camera a very nice system indeed. Tomorrow morning I'm going to wander around downtown Austin and take a few shots there as well.
It will probably take me a while to learn how to use it. I used to own a 35mm SLR way back when, and while it feels very nice to have an SLR-type camera again, I have a steep learning curve ahead with respect to using it for astrophotography. I may well start with wide field shots (piggy-mounted to the LX200) before attempting deep sky stuff.