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When I decided I wanted to buy a digital camera, I was lucky enough to have an enthusiastic sales person to help me, because within the £400 price range there is a lot of rubbish. The Nikon Coolpix 700, however, has the quality of a camera twice its price. Although it doesn't have a zoom lens, the 2.1 megapixel images are so sharp you can crop your images with a good photo editor and the pictures remain beautifully clear. Its easy to use, and if you can get the camera shop to throw in a free cardport, image downloading is very quick (otherwise a bit slow through the serial port). The LCD display is smooth and doesn't 'break up' and the colour saturation is spot-on.
The only criticism I would have if that it eats batterries! You must use rechargables, because they will be dead after about 15 shots with the flash and the LCD display on.
Overall, a fantastic piece of kit and I'm thrilled with it!