Canon PowerShot ELPH 500 HS
I love the pictures from my Canon PowerShot S95, but the new ELPH 500 HS (stands for High Sensitivity) looks like an amazing point-and-shoot.
Highlights: the wide 24 mm lens (vs. the S95's 28 mm wide angle), very good low light performance (both have a bright f/2.0 aperture at the wide end), and a burst mode (the ELPH doubles the S95's with up to 8 fps and also adds an insane 240 fps video mode). See the Canon site's dynamic comparison chart for more details.
Now if only they could get this kind of image quality into a rugged everything-proof body. #neverSatisfied