Regarding those last two differences: stabilization, and flash power. Both cameras share the exact same VR system and pop-up flash. The only reason the P1100 appears to have reduced performance is due ...

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The Nikon COOLPIX P1100 has a 24-3000mm lens. It then uses a decent 16.79-inch 1/2.3 sensor. The aperture can go as wide as f/2.8 but shrinks down to f/8.0 when you zoom all the way.