What is the best digital camera in the $300 to $400 range that is compact but powerful?

I have been looking at the Olyumpus Stylus 1000 (10 megapixels), but I heard Canon has better cameras. I would like something with great picture quality, a short time lapse between photos, and have many different features like image stablization, face detection, etc.

I just bought aFuji 6500fh a bridge camera.
It's a cross between a SLR and a compact Camera.
I just love it, check it out.
Cost around $350-$400

Canon Digital Rebel

Cannon cameras are definitely better and the best part is they are packed with features with an easy to use interface + expansion slots. If you want to go cheap but still have a great camera.. i would recommend cannon A340( i have used that one personally) or checking out other cannon cameras to suit your needs.

http://www.dpreview.com/reviews/read_opi...
gives one users opinion on the Olympus. Click on the forum section of the dpreview.com site to ask about the Canon. I have a Canon SD800 with image stablization, face detection, wide angle lens and like it very much.

My answer to you would be to check out various camera reviews. There are so many good cameras on the market. You need to start with a list of must have features and check out different brands. My daughter uses Olympus and Canon cameras and I use Fuji and Kodak cameras and we both sell our prints. It basically boils down to what you want and can afford.