I have a Nikon coolpix 10mp and I am not completly happy with it. It does not seem to capture the true colors or with the correct exposure. Sunny days seem to be under exposed and cloudy days just look flat. Even with adjustment of the exposure I can't seem to get it right. In the past...way past...nikon film cameras, I always had great pictures. The camera that I had before the coolpix was a panasonic lumix with a zeiss lens...thought it should have been better than it was. So if you come up with a digital point and shoot that takes awesome photos, I am interested too.
The other thing that bugs me about point and shoot cameras are rechargeable batteries...I would rather have one that takes AA or AAA batteries, I always have plenty of those in camp, and in my pack. I hate missing photo opportunities due to dead batteries.