Yes, Canon makes nice camera's.
Olympus Exilim's aren't bad either. A friend of mine has one and I have a very hard time telling the difference between shots from that and his Nikon 70s.
For a fancier point and shoot, this is what I have and love it. It's a fantastic little camera.
http://www.newegg.com/Product/Produc...&Tpk=sony%2bh9