My Canon SD450 is outstanding for a snapshot camera and was ~250 or so in November. I can't say enough good things about it.
I suggest you head over to
www.cnet.com to check out their reviews.
A few things I like about this camera:
ultracompact and light (smaller than my Motorola V710 cellphone)
usb connector built in so no dock needed to transfer photos
accepts up to 2gb compactflash cards
5 megapixel resolution more than adequate for snapshots
multiple scene modes
takes .avi video with sound
3x optical zoom
continuous shooting feature
comes with rechargable battery and very compact charger battery can be fully charged from discharge in less than 90 minutes. I have not yet run out of juice so I don't have a good handle on life but it is supposed to give ~260 photos with flash per charge.