Wow! There's your answer! This is a new release, so assuming that it doesn't have any reliability or user interface issues, it would seem to be a no brainer at that price.
My first thought was the Panasonic Lumix FZ50, which essentially has identical key specs as this new Kodak, but it's still selling for $460 at Amazon.com and I can't find anything cheaper from a reliable source. This camera has been around since mid-2006 and was the successor for the FZ30 which in turn replaced the FZ20 which I have. Not much has changed other than the specs because the layout and ergonomics have been excellent since day one.
But for the cost savings, if I were you I would read up on the Kodak and be leaning that way for your budget unless you see something really flakey being pointed out in the reviews. These types of cameras are easy to use and take excellent pictures for a novice. They are also light weight and don't take up too much weight or call undue attention to themselves. Definitely the way to go for someone who will be on the road for a year and isn't on a photo safari as such (i.e., not your main mission).