Samsung Digimax 360 3.2 Megapixel

I purchased mine used on eBay for around $35.00. This camera takes excellent pictures, and is packed with features. It's relatively small and light, which makes it easy to take along when you travel. It uses a variety of battery options - you can use AA (alkaline or rechargeable), or those CR-V3 lithium ion batteries. Either way, you're not stuck with a camera that uses $40.00 proprietary batteries. It can also be hooked-up to an AC adapter, but this is sold separately, and for most people, is not practical to have to plug-in a camera to take pictures.
Although the camera is guaranteed to recognize SD cards up to 256MB, mine has recognized much larger cards (up to 2 GB) with no issues. With memory being relatively inexpensive, I wholeheartedly recommend taking pictures in the highest resolution (finest setting) possible. The results are well worth it.

Some basic Pros:
1).Crisp, bright pictures, which also print beautifully at a photo center or from a PC.
2). Has a larger 1/1.8' ccd chip compared to the smaller 1/2.5" ccd chip on many 7-10 megapixel models - which results in much nicer pictures. Remember - Megapixels do not equal quality, just maximum size.
3). Uses non-proprietary batteries (e.g. 2 x AA)
4). Has a variety of features (B&W, Sepia, Antique style pics, Automatic fine-tuning zoom, series shooting, and a variety of image adjustments, to name a few)
5). Lighter-weight and more compact than many cameras it's size, but still solidly built.
6). Decent optical zoom.
7). Recognizes larger sized SD cards than stated in the user's manual.

Some basic cons:
1). A little slow between pictures when writing to the memory card (about 3.5 seconds in highest quality mode).
2). Optical zoom is very good, but the digital zoom leaves a little to be desired, especially when using it on the highest zoom (12x). Pictures at this zoom seem to be a little out of focus and not as crisp.
3). Small LCD screen (1.5 inches). This can be seen as a pro as well, because a smaller LCD screen eats batteries much less than a large one.
4). 3.2 megapixels will print beautiful 4x6 or 5x7 photos. But if you're looking to print 8x10 photos, posters, etc. you'll need a camera with larger resolution (more megapixels).

All-in-all, this is a fantastic camera for the price!