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No clue on that model, but I've heard good things about the Canon G11 and also you might wanna consider the EVIL style cams I mentioned, including the Olympus PEN and Sony NEX series which give DSLR style benefits at half the size.

I'm with you Bogdan. Surely there is a hell of a lot bigger market for little p&s than there is the monsters I usually carry around, but note that I'll use whatever I have and sometimes that includes the little guys as well. I carried canon a series for a long time and now carry an iPhone...

Canon has a new waterproof camera in their lineup but I havent seen any reviews of it... Not familiar with the Olys sorry.

Yes there is, it's called shutter lag. Until that is fixed you won't find people truly pleased with P&S. As I said it's getting better and the Canons are better at it than anyone else, but it's still a crapshoot using the damn things.

P&S all pretty much stink. The Canon g10 stinks less than most.