David Pogue of New York Times wrote an interesting article on digital cameras which are under the 300$ tag. His general observation is that these days one doesn't need to spend big bucks for decent images and there is a whole plethora of affordable yet functional cameras available. He listed his favourite cameras which were judged on the following points:

* SPEED
* LOW LIGHT
* STABILIZER
* MEGAPIXELS
* BATTERY
* MOVIE MODE
* OPTICAL VIEWFINDER
* NEXT-GENERATION FEATURES
* PICTURE QUALITY

His Fav Cameras Under The 300$ Include:
The Casio Exilim Zoom EX-Z700, the Fuji FinePix F30, the Kodak EasyShare C875, the Nikon Coolpix S7c, the Panasonic Lumix DMC-FX3, the Pentax Optio A20, the Samsung Digimax NV3 and the Sony Cyber-Shot DSC-W100.

To read the whole article head over here: NY Times