Great choice of a camera, and at $300, great price too. One of the things I like best in this model is image stabilization (hence the "IS" in the model number), which reduces blur, especially but not only in low light situations. Here are a couple of reviews,
here and
here. I almost always shoot in autofocus mode. AF has come a long way since the days of film cameras, and now it's quick and precise, and you can choose between different AF modes to tweak things to your preference.
I have a 2-year old Canon A series camera, and it works great, but I am thinking about going small and getting a sub-compact model, but with image stabilization, so I've been seriously weighing the SD700 and SD800. Decision decision decision...