The eternal question.
Do you currently have a camera? If you don't, get the S95. You can't take pictures with the camera that you're waiting for.
If you do, does it fall short of what you need very much of the time? If so, does the S95 fill in many of those gaps? If it does, go for it. If it doesn't, is there a camera (and don't discount DSLRs; they are not all that much more than the S95) that does? Then get that. If not, then wait, or pick up a stop-gap.
Whatever you do, don't hold off just to see what's coming. If you do, you'll never get anything and will just keep being disappointed.