Some days ago I bought a Panasonic DMC-LZ8, a budget P&S camera for just 100 €. It's features 8 MPix, a 5x zoom lens and image stabilizer. I was surprised by how many functions you get in such a cheap camera these days.
Coming from DSLRs operating this small camera was a bit cumbersome for me in the beginning. After some test shots I realized that this camera not only offers a lot of value for the money. You can also take some nice pictures on the way:
This camera has its limits and my DSLR produces far better pictures. But you can take along this little camera everywhere you go (well, almost everywhere).