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I'd go with the Canon Power Shot SDxxx like JoHn said.
I have the 300, got it about 2 years ago. They have newer and newer models coming out all the time. IMO a lot of them are not worth the extra money. Unless you're going to be printing a lot out, printing large pictures and messing around with settings...just get the basic one. It'll be a lot cheaper since they're older models.
One benefit is that a lot of the Power Shots take the same battery and memory card, so you can borrow them from a friend if you have to - it's happened before! My last NYC trip, 3 of us had the same style of camera so we had a ton of batteries and memory cards, and chargers just in case!
Again IMO, it's nice to have a big screen, but I wouldn't go any higher than a 2 ince one. I had my screen crack on me recently and had my dad order a new screen and replaced it himself. But the bigger the screen, the easier it is to crack. Those darn things are so sensitive, you think you're protecting it by keeping it in your hand or putting it in a case. My screen cracked while it was in my hand with my palm facing the screen...I wasn't doing anything. To this day I have NO idea how it happened.
If you're going to get an older version of the Power Shot though I'd say you're looking at closer to $300. Keep in mind when you buy a camera though, you're also going to have to buy a memory card - those can get pricey sometimes - as well as a case if you want to protect your camera.
I always research products like this before I buy them, so good luck!
Edit:
One last thing when you're looking at cameras, I'd recommend ignoring the digital zoom feature. You want to look for optical zoom. If you use digital zoom, it decreases the quality of the picture. I have my digital zoom turned off all the time.
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