Looking for good, cheap ,digital camera (compact) with video recording and editing. What should I get?

Even though I personally own this ultra compact camera, I would still like to highly recommend the purchase of a Nikon Coolpix L10 for the following reasons:

1. Besides taking well-exposed hi-quality 5 megapixel pictures, it uses a standard set of rechargeable double AA batteries which last a very long time;
2. Has a 3x optical zoom;
3. Takes "continuous" 2 frames per second "action/sports" images;
4. Has macro feature for close-ups of small objects focused under 6 inches;
5. The flash setting for "red-eye" correction is on the navigator wheel and not within a submenu;
6. It's very small and light;
7. Uses inexpensive SD memory cards - a 2 gig card sells for $19 at samys.com;
8. The digital video feature takes wonderful "sound" videos which are noise free. It records the piano very well with it's built-in microphone;
9. It comes with a USB 2.0 transfer cable which you connect to your USB computer port;
10. Has tripod mount on bottom of camera;
11. And the price is a mere $119 [sold at Samy's Camera - samys.com, and Staples.com.]

Review(s) can be found at amazon.com:
http://www.amazon.com/Nikon-Coolpix-Digi...

along with pictures provided by satisfied purchasers.]

Good luck!

Wal-Mart.com is selling them cheap last time I check it was 78.00

Look on pricegrabber.com.
One of the best sites for electronics at a good price is buydig.com.
Jem

Sony W50