I didn't know what was the appropriate forum for this, but since Michael reviewed the G7 and there was a long discussion about the missing RAW on this one, I post it here...
The Askey forum has a news note on a new Olympus P&S, the SP550, which has an 18x (!!!) zoom lens -- 35mm equivalent of 28-504 -- with image stabilization, which it probably desperately needs at the long end. Anyway, the length of the zoom made me laugh. Other stuff is pretty interesting: 7.1 mp chip, which meant that they stayed clear of the MP race, and some of the 7 mp chips have been really good. Also, it has RAW. If the high ISO capability is there, and it could be (has settings for ISO 50-5000) with the slightly larger pixels of the 7mp chip, and if the glass is up to Olympus' higher standards...it could be a contender.
On the downside: electronic view finder.
JC