“The bottom line - the Coolpix L3 is pretty much identical to its 6-megapixel L2 “big brother”. It offers good image quality as well as lots of user-friendly exposure options, however it too had disappointing performance and a very weak flash range. With a street price of $199 or less, it does however offer a good value if you don’t need blazing fast speed and take the majority of your pictures outdoors in the bright sun light. Be sure to also check out the 6-megapixel Coolpix L2, it includes all of the features found on this model for about $50 more.”

From Steve’s Digicam’s review of the Nikon Coolpix L3.
The COOLPIX L2, COOLPIX L3 and COOLPIX L4 are entry-level digital compact cameras that combine high-quality components like a 3x Zoom-Nikkor lens and a bright 2.0-inch LCD with in-camera image-improvement features, in lightweight and compact bodies. All three cameras employ a high quality 3x optical Zoom-Nikkor lens to provide the ability to zoom in for tight portraits, or zoom out to take in expansive outdoor scenes. The CCD imagers offer high performance with effective megapixel values of 6.0 for the COOLPIX L2, 5.1 for the COOLPIX L3, and 4.0 for the COOLPIX L4. All three cameras also feature a bright, 2.0-inch color LCD with new icons and a new color scheme that’s easier on the eyes.

Nikon Coolpix L3 Review

Nikon Coolpix L3 Features
Powered by 2 AA-size batteries; stores images on SD memory cards (23 MB internal memory included)
5.1-megapixel CCD captures enough detail for photo-quality 13 x 17-inch prints
3x optical zoom; 2.0-inch Super Bright LCD display
BSS (Best Shot Selector) automatically selects the shot with the sharpest focus from a series of consecutive images
15 different Scene modes, four with Scene assist