Panasonic FZ28 has a
10.0MP 1/2.3-inch (6.08 x 4.56 mm ) sized CCD sensor . On the other hand, Panasonic FH27 has a
16.0MP 1/2.3-inch (6.08 x 4.56 mm ) sized CCD sensor and features Venus Engine VI processor.
Panasonic FH27's sensor provides 6MP more than Panasonic FZ28's sensor, which gives a significant advantage in real life. You can print your images larger or crop more freely.
On the other hand, please keep in mind that Max sensor resolution is not the only determinant of resolving power. Factors such as the optical elements, low pass filter, pixel size and sensor technology also affects the final resolution of the captured image.
Below you can see the FZ28 and FH27 sensor size comparison.
Sensor Size and Resolution Comparison image of Panasonic FZ28 and Panasonic FH27 Cameras
Panasonic FZ28 and Panasonic FH27 have the same sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture. On the other hand, since Panasonic FZ28 has 59% larger pixel area compared to Panasonic FH27, it has potential to collect more light on pixel level hence have less noise in low light / High ISO images.
Sensor size sets the circle of confusion, so it drives how much depth of field each
of these bodies gives you at a given aperture. You can calculate it exactly for the
Panasonic FZ28
or the
Panasonic FH27 ,
including hyperfocal distance.