I want this camera. Just unveiled today
for $500. Been a big Canon fan for a long time, but always wanted something smaller that I could take with me, but not give up quality. This is it. Optical image stabilization, more dynamic range, anti-noise, can save RAW format, can be used with a flash gun... I want it.
Interesting exercise in miminalism: Canon actually reduced megapixels! From 14.7 for the Powershot G10 to just 10 for the Powershot G11. But they've optimized for the right thing: low light capability. Who needs 14.7 megapixels when 10 is more than you could ever possibly want? But if I can take photos in darker places than ever, that's awesome.
They also released the Powershot S90 too --
Looks same without the hot shoe, and slimmer, and $100 less, and f/2.0 at 28mm. Full manual, RAW, and larger aperture? Might be even better.
I used to be willing to carry around an SLR at all times, but moving to San Francisco has really put a damper on that. Just can't lug a camera around everywhere while biking/riding the bus, etc. And as always, the best camera in the world is the one you have on you.