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Olympus SP-800UZ
While we're not sure about its "background defocusing" feature — seems like opening up the aperture would do the same thing — the new Olympus SP-800UZ ($350) is a strong contender otherwise. It sports a 30x optical zoom, a 14 megapixel CCD sensor, a 3-inch wide-screen LCD, 720p HD video recording, CCD-shift image stabilization, SD/SDHC compatibility, Face Detection AF, and HDMI output, all crammed in a compact, stylish body.
