Right now on Amazon you can grab the Panasonic Lumix DMC-GF3 12 MP Micro 4/3 Compact System Camera with 3-Inch Touchscreen LCD and 14-42mm Zoom Lens (Black)  for $289.44. The cheapest I could find it new online was over $400 so this is a great price!
I don’t know much about cameras but this one has good feedback for a great price. If this is on your holiday list for someone you may want to check it out!
- 12 Megapixel Ultra Compact System Camera
- Micro Four Thirds 14-42mm f3.5/5.6 Zoom Lens
- 3.0″ Free Angle Touch Enabled LCD
- Built-in Popup Flash
- Multiple Lens Options including 3D Still Lens
Plus when you buy it you get $2 in FREE Amazon MP3 credits as an added bonus!