Sorry if this has already been mentioned ('cause I didn't read all the replies

)
BUT, these are the things I looked at when buying my camera ...
a)
image stabiliser - excellent if you are going to be taking pics using a long zoom or without a tripod (it used to come with only the more expensive Digital cameras, but now even the cheaper models have it)
b)
Optical Zoom - Digital zoom means bugger all, you can get just as good digital zoom using photoshop, but optical zoom will help you get those long shots at the footy etc.
c)
quality lens ... the Digi. Camera I bought came with Zeiss lens. Remember it doesn't ,matter how many bells and whistles your camera comes with, if it hasn't got a decent quality lens you will not get as good pics as with quality lenses.
d) metal frame
e) movie with sound
I'm no expert and the info above is just what I looked at so it may not be as important or as accurate as it should be. They are just the things I looked at when buying mine.
I ended up buying a Kodak z 700 for a $199 Au. which I'm really happy with. It has options for as simple as you can possibly get to all manual settings.
The only thing that mine didn't come with is an Image Stabiliser (which is why I put that up the top!) I wish I had got a camera with it ,but at the time it was only the more expensive cameras that come with it.
http://www.steves-digicams.com/hardware_reviews.html
This is a really good website to get information, prices and compare cameras (it's also a British site) I cannot express how much help this website was. I still use it just to help me with using my camera)