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For what it's worth, I picked up a Canon Powershot S2 IS last year just as it was being phased out for the S3 IS for about $250 if I remember correctly. I'm no professional photographer by any means, but now, almost a year later, I'm still being impressed by the different features that I haven't yet uncovered. It's a little bulkier than some like, but I don't see myself replacing it anytime soon.
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