I also am looking for a point and shoot to go along w/ my Canon DSLR and I’m leaning toward the Canon SD950IS. The IS stands for image stabilization and many people and review said it works really well. I’ve read many reviews and the recurring theme is the canon tends to have the best optics with the least noise. The 12MP also one of the highest you can get in a point and shoot right now. The form factor is very compact. You can always get the 12X optical zoom if you get the Canon S5 IS as well but you’ll be sacrificing size and since you already have a DSLR, I assume you want something compact.