What is the best digital camera I can buy for under $200?
You will probably get a lot of different answers on this, and they will all be right, as virtually any camera in the $200 range will give you a decent picture. Personally, I would go with the Canon PowerShot A720 IS. It has image stabilization, uses Canons latest processor (Digic III) so it is not cheaping out on the image, Face Detection, a 6x optical Zoom, and shoots up to ISO 1600, so you can get a picture in almost any lighting situation. It is a lot of camera, for not a lot of money, at $199.98 (at present price check).