For this budget the best buy Now is a New Canon Model.Cool one...

Canon Sx10 IS Its 10 Mega Pixel with 20X Optical zoom..

BUt we are unfortunate its launched in Japan , singapore and US only and when I enquired with Salam they are expecting it in Qatar only by April 2009 LOL . we are in a third world country.

http://www.usa.canon.com/consumer/controller?act=ModelInfoAct&fcategoryi...