This is the camera I currently have: Canon S2 IS. I LOVE it. It's wonderful, and worth every penny! It's more than you wanted to spend, but I don't think I paid that much. I think I paid more around $375, after rebates and I also got it on a sale day at Office Depot
Wow, I'm jealous! I have had my eye on that camera for quite awhile now and I have never seen that kind of price on it. The lowest I've seen is around $460 something and I haven't come across any rebates for it either. I hope I come across that deal sometime soon.

Beth, I really think the Canon A610 and 620 sound like pretty awesome cameras. I think the 610 is even priced under $300. Have you looked at it yet. I'm pretty sure it got great reviews at that website too. It even has a 2 in. flip out and twist monitor and I love that feature. If I wasn't wanting something with a higher zoom that is probably what I would be getting. Good luck in your search for a new camera.