Well after asking several questions, reading many many reviews on just about everything in my price range I purchased one today. I ended up buying a Nikon Coolpix S550. I also purchased a sandisk 2GB extreme III memory card.
Review so far as I havent really done much with it since my wife really takes more of the pictures I let her play with it.
My thoughts, so far we have noticed that it is deffinately best to check out the photos after loading them on the computer and deleting them from there than relying on the cameras screen to tell us nay or yay. It really takes a great photo. The camera is a lot smaller than I thought it was in the pictures online. It does not have a lot of confusing buttons and is generally easy to use. The auto blink detection and the smile finder is kinda different but we will figure that out.
Cons so far: This camera has an internal battery you have to remove to charge. I personally dont find this next one a con but it might be later on so we will see- It does not have a view finder so when the camera is on, so is the lcd screen so that battery life may be lower. Also I find the attachment cord that it came with to be a con, it is kinda weird, it comes with a normal USB cable end and it splices to two seperate type cords. 1 is the part that connects to the camera, the other end is a red yellow type tv lookin cord guess I need to get used to that.
My biggest thing I wanted was a camera to take a good picture and fast since the little man is growing more every second I want to capture that as good as possible. I think this camera will fit what I wanted in a camera, if it doesnt it will go back to the store in the 30 days trial period. If you want more info and more reviews on the camera I felt this was the best non gadget guru information:
Buy the Nikon Coolpix S550 10-Megapixel Digital Camera - Black and other Digital point-and-shoot cameras at circuitcity.com