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Which ~$150 camera?

Sorry, but I don't have any first hand experience with those cameras.... but take a look at this one:

http://www.newegg.com/Product/Product.aspx?Item=N82E16830120329

We have an older model (sd1000) and love it. If you are looking for something small, this one might fit the bill. It is easy to use and has very nice photo quality.

Honestly, I think that you will be happy with any Canon you go with. In general, they make great cameras.
 
I bought my girlfriend an SD1200 for Christmas and she's been very happy with it. It's actually overkill for her, but she loves the compact size and "neat-o" features like facial recognition, etc.

The Canon replaced an older Samsung Digimax 5MP camera that took surprisingly great pics but I wasn't overly impressed with the build quality as it had a problem where the lens would get stuck and the zoom wouldn't work (i.e. when you turn the camera on it wouldn't extend and the LCD would display "Zoom Error"). After doing some research I was able to find several other people whose cameras developed this problem...we were able to get it un-stuck without sending it off for repair but I wanted to get her something more reliable and Canons typically get very good reviews.

I've also heard great things about the Panasonic Lumix cameras, and when I upgrade to a newer P&S I'm going to look at those as well as the Canons.

I also looked at a Nikon that had a touchscreen interface for the LCD vs. the typical dials and buttons. That would be a neat feature if the menus were intuitive but the camera wasn't getting the best reviews so I passed on it. Too bad because I know the GF would have really liked the touchscreen but she's really digging the SD1200 so it's all good.
 
If your exclusive aim is to take pictures of small objects indoors, spend $100 on an older-model Point-and-Shoot camera (non-superzoom) with a large sensor (screw megapixel count), $10 on a cheapo tripod, and $40 building a nice DIY lightbox. Something like the A590IS perhaps? A proper setup with a $100 camera will beat the $150 hand-held camera shooting things on a table using overhead lighting or the flash by a long, long way.

If you're looking for a general-purpose camera, consider the size - one of your picks is considerably bigger and heavier than the other. Are you looking for a pocketable camera?
 
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I loved my Canon point and shoot.

I can tell you that I can't recommend the SX120 in the first link. Or any other midway camera. Get a good point and shoot or go for an SLR. These half way cameras have great zoom but still have the same CCD as a point and shoot. The other two point a shoots are great cameras.
 
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