First rule of quality pics with a point & shoot: If it has the option to do so, turn OFF digital zoom. The moment it goes from optical to digital any semblance of quality goes right out the window. You aren't buying it for 100 yard shots and if you are, you are getting the wrong item.

I've been using the Canon Powershots for years, however, over the last few years they have gotten smaller, better overall resolution, nice big LCD screens on the back and... killed the overall control/features.

I can't seem to find a P&S that gives me 3 key things:
Raw
Aperture control
Time control

All three used to be available as well as full manual modes. Those are apparently gone the way of the floppy disc and CD. Good news is I have a 1Ds and a 1D Mark IIn, yet carrying 15lbs of camera gear + the backpack isn't exactly working. Still looking for a good compromise.