I have a Canon SD550 that I love. I got it a couple years ago, I think this is the newer version of it. Its $240 at Costco.
http://www.costco.com/Browse/Product.aspx?Prodid=11217614&whse=BC&Ne=4000000&eCat=BC|79|83&N=4001477&Mo=10&No=6&Nr=P_CatalogName:BC&cat=3264&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&topnav=
That one comes with a 2 gig SD card, so you would be good to go to start taking pictures.
Picture quality is generally pretty good for a point and shoot, and I have blown up many pictures with it, framed them, and have them hanging in my house.
I'm sure there are good ones from Nikon and other brands too. I would get some other recommendations on here from others to see if anyone knows of one down in your price range.
Edit : fixed link
[This message has been edited by Skitch05 (edited 1/23/2008 5:17p).]
http://www.costco.com/Browse/Product.aspx?Prodid=11217614&whse=BC&Ne=4000000&eCat=BC|79|83&N=4001477&Mo=10&No=6&Nr=P_CatalogName:BC&cat=3264&Ns=P_Price|1||P_SignDesc1&lang=en-US&Sp=C&topnav=
That one comes with a 2 gig SD card, so you would be good to go to start taking pictures.
Picture quality is generally pretty good for a point and shoot, and I have blown up many pictures with it, framed them, and have them hanging in my house.
I'm sure there are good ones from Nikon and other brands too. I would get some other recommendations on here from others to see if anyone knows of one down in your price range.
Edit : fixed link
[This message has been edited by Skitch05 (edited 1/23/2008 5:17p).]

