I spent a day shooting. Indoors, outdoors, funky light, flash lighting, fill flash in full daylight.
And you know what? Exposure compensation is wonderful. I got some decent shots because I was running that dial to adjust.
Here's what I discovered. Set the camera on P if you really need to get shots quickly. There are too many things you need to fiddle with otherwise. Then, I actually started fiddling with the exposure compensation and getting to know when I'd need to crank it up or down. P seems to set me up in the middle of the f-stop range. I could adjust up 5 stops or adjust down 5 stops and actually had about the full range. Wow.