Size and weight is a big decision factor when you are trying to find the ideal camera for your needs.
In this section, We are going to illustrate Panasonic ZS3 and Canon SD940 IS side-by-side from the front, back and top in their relative dimensions. Panasonic ZS3 has external dimensions of 103 x 60 x 33 mm (4.06 x 2.36 x 1.3″) and weighs 229 g (0.50 lb / 8.08 oz) (including batteries). Canon SD940 IS has external dimensions of 89 x 55 x 20 mm (3.5 x 2.17 x 0.79″) and weighs 120 g (0.26 lb / 4.23 oz) (including batteries).
Below you can see the front view size comparison of Panasonic ZS3 and Canon SD940 IS. Canon SD940 IS is clearly the smaller of the two cameras. Its body is 14mm narrower, 5mm shorter and 13mm thinner than Panasonic ZS3.
Here is the back view size comparison of Panasonic ZS3 and Canon SD940 IS.
Weight is another important factor especially when deciding on a camera that you want to carry with you all day.
Canon SD940 IS is significantly lighter (109g ) than the Panasonic ZS3 which may become a big advantage especially on long walking trips.
Unfortunately neither Panasonic Lumix DMC-ZS3 (Lumix DMC-TZ7) nor Canon PowerShot SD940 IS / Digital IXUS 120 IS provides any type of weather sealing in their body, so you have to give extra care especially when you are shooting outdoors. If weather sealing is a must-have feature for you, check these sections: Top Compact Cameras with Weather Sealing
LCD Screen Size and Features
Panasonic ZS3's 3" LCD screen is slightly larger than Canon SD940 IS's 2.7" screen.
Unfortunately, both cameras has fixed screens so they don't tilt or flip in directions.