While I don't have the SD5, that you refer to, the auto-tracking on this mini seems to be very good so far.
Focusing does seem to be a bit fuzzy and slow at night. During the day, I don't have any problems with focusing, that I've seen so far.
Night viewing might not be as good on the mini as your current camera, due to this having a 1/2.8" 4mp sensor, compared to your 1/2.8" 2mp sensor. Hence viewing conditions need to be considered.
Overall I think this mini will be a great camera for those who don't want, or can't use a full size ptz.
I'm going to run this mini over my driveway for this winter, see how things go and see if I'll keep it over my driveway or move it to my porch.
This camera will definitely get the full winter test this week, with snow, high winds, below zero temperatures, etc..