I would wait for some solid reviews first if I were you, especially to see about noise performance and potential purple fringing problems. Failing that, I'd rather save the $100 for something else and go w/ the S60 instead -- assuming you actually love the S series digicams in general.
There are of course other fine choices, but which one is best for you will really depend on exactly what you want, what you'll be shooting most, your own preferences for features and ergonomics, etc. etc.
Other possibly better choices would include G5 and G6 although they do cost more, are bigger and their lenses aren't as wide as the S60/S70 at the wide end. Everything else about them, except maybe whatever video features, should be better though. And of course, other brands have good options too.
I like the s70 for its size... and the len cover... where the G6 needs the cap and I hate that...beside it's too big to slide it in the pocket.I had the omlympus which is the same size..and it's very incovience...I guess I'll wait for the review on the s70....b/c it looks promising 7.1 mp Thanks alot for the replies guys.