Amazon is selling the Canon Digital Elph S410 for $249, which is (notionally) about $200 off. This is a 4 megapixel camera just shy of the top-end for its year. It’s also accessory-compatible with the prior Elph generations (batteries, memory cards, etc.).
Presumably, Canon is trying to clear the channel for the new SD500/400/300 Elph line, which are nicer — bigger LCDs, higher resolution — the SD500 is a SEVEN megapixel point-and-shoot) — but which also use the (more expensive) Secure Digital storage medium, so we’re happy to take last year’s model on the cheap.