I'm not in the market for a point-and-shoot camera this year, but if I had $10 for every time somoene asked me which one to buy...well, I could have bought a few of them by now.
The truth is, I don't really know much about them, except that they're small, because I carry a big-ol-beast Canon 40D with me most of the time, and only use my Sony Cybershot in a pinch or for video. Now if you're in the market for a DSLR...then we can talk.
But...for all my friends & family who will inevitably ask me this holiday season for camera purchasing advice, here's a link I saw today with a list of the 20 most popular point-and-shoot cameras:
Looks like my previous advice has been pretty sound -- Canons rock.
And while we're at it...the best places I know of to buy cameras are BestBuy.com and BHphotovideo.com. Your local Wolf Camera store would also be a great place for information and personal service...although unfortunately, not usually as good of a price.