F8andBeThere - A lot of the lower cost P&S devices aren't stabilised... But if you had a VERY cheap one - runs on 2 x AAs - AND has a Viewfinder - that does a lot more in the "triangle brace" position, camera to eye - than having 'stabilising' in a P&S held at arm's length to aim via LCD... Lots of scenes and functions - Program AE Mode - AND it's a Canon... The cute Powershot A1200 - $106.00 here in Sydney - probably less in the US or EU. At the price - you could afford to lose 1 a year - about $2.00 a week.... 
Korrektor - Not everyone is a jumping-slave to a mobile-phone (cell-phone, in American) - let alone one that isn't "only" a phone and came on a card for $30.00 with $5.00 in free local calls... As did my last one, bought from a card-stand in a post-office in Sydney..., ummm, 8-9 years ago...
I think it lasted a few months, but was annoying, so after being annoyed by it once too often, I tossed it in a street litter-bin. . So for about 8+ years I haven't had one... The upgrade to my peace and privacy is so vast that I wouldn't now have one as a gift - even if it took photos and video to beat a 5DII....
If people are desperate to contact me - they can wait until I'm home - because, yes, there's a fixed-line phone, there - but no, it doesn't take messages, record things, or not-contact my non-mobile... 
Cranky old stick-in-the-mud, ain't I....! 
Regards, Dave.