I know it's a bit cheaper than your price range, but I thought I'd mention it...
I picked up a Canon powershot A200 for $AUD199 recently (about $US120) - the RRP is $AUD399. The store was phasing out their digital camera stock lines, so they were selling brand new stock at a significantly reduced price.
Here's a sample macro shot:
<img src="http://media.sensationcontent.com/rowan/tree800.jpg" width=800 height=600>
Originally taken at 1600x1200 super fine, reduced to half size.
I bought this camera as a cheap point and shoot digital that I could take everywhere (I usually use a more bulky 35mm SLR), but the image quality and feature list are surprisingly good. It wasn't until after I purchased the camera that I actually looked at some reviews - they're all good.
