RockResearch: I was looking at a new DSLR until I discovered the Canon G10, great point and shoot functionality without having to muck around with lenses. Can even fit in your pocket. Has all the manual functions of the SLR camera as well.
No doubt the G10 is a good camera but it is like chalk and cheese comparing it to a dslr. Image quality, speed and functionality are vastly different.
Have you ever seen a point and shoot sensor chip side by side with a dslr chip? Huge difference in size.
You just can't get the shots with a point and shoot that you can get with a dslr.
I have both and I think this is a good compromise given how cheap point and shoot cameras are now, you don;t always want to lug a dslr around with you whereas a point and shoot fits nicely in the pocket.