Canon did it. Announced a new G7 and SD800IS, as well as an SD900 and S40. The S cameras are for the typical point and shoot photographer but are delivering very high quality shots without manual control. Some manual control is optional. I carry a small S500 on my belt like a cell phone for spur of the moment shots and will probably get the SD700IS or SD800IS because of their low light without flash capability. The IS stands for image stabilization which means you can use lower shutter speeds without blurring the photos. The G7 is a 10 MP successor to the 7 MP G6, but without a flip and twist out screen, no RAW images, a slower F:2.8 lens instead of F:2 and use of the SD memory card instead of the Compact Flash card and a new type of battery. It has a 6x optical zoom instead of 4X and has image stabilization. It continues to have the hot shoe for external flash and an optical viewfinder in addition to the screen. The Canon G series loyalists are moaning and crying. I am not. They want RAW images and a twist out screen. I never used the RAW images which require post processing in the computer to make them right, and never used the twist and flip feature of the screen, in my G5. I will miss the F:2 lens which works well in low light. But the added zoom means they had to abandon the very large F:2 lens for a smaller one. I need the 10 MP so I guess it is on my shopping list in addition to the Nikon D80.