Panasonic Lumix DMC-LS5
14.1 megapixel CCD sensor; 5x optical zoom with 26mm wide-angle; 720p HD video with mono sound; 2.7-inch LCD screen; Optical image stabilization; AA batteries
The LS5 won't wow you in the image quality department, but for way under $100 it's essentially the cheapest new camera money can buy. On top of that it has a 5x optical zoom, image stabilization, shoots 720p video, and uses AA's. A great choice for those on a budget.