Hi there, FF-
No, the Kodak Z-980 has received excellent reviews, and produces great images just like your P-712. The problem was that Kodak contracted for a fixed number of these cameras from a very good third party camera maker.
Then WOW! The camera was more popular than Kodak had ever expected. Now they have no more of these Z-980 cameras to sell.
In short, they guess wrong and got burned!