From Laptop magazine, Ten Quality Cameras You Can Afford:
A few years ago, we wouldn’t have been able to round up 3.2-megapixel cameras under $250. Today, it’s possible to pick up a 5-, 6-, or 7-MP shooter for less than $150. Don’t think that these point-and-shoots are clunky plastic boxes, either. They each use two AA batteries and look similar, but they also have LCDs larger than two inches (with some as big as 2.5 inches), at least a 3X optical zoom, the ability to capture video, and a handful of scene modes.
I like the Panasonic Lumix DMC-LS70S, the only camera in the roundup to have optical image stabilization