I've got 4,851 photos in my Flickr account, and the vast majority were taken with my trusty ol' Olympus Stylus 410. I got this 4mp Olympus camera for my birthday in June 2004 and four years later I still love this camera.
A couple of years ago, my wife wanted a camera, so we went out and bought her the newer version of the same model, except 6 megapixels instead of 4. You'd think a more recent version of the same camera with more megapixels would be a better camera, but it's not. I'm never happy with the pictures from that camera and if both are within arms reach, I always grab mine.
Four years is pretty old for a digital camera, and I have no interest in an upgrade, but recently about 5-10% of shots taken won't render. It's as if they're only partially complete and I'm forced to delete them. Whether I like it or not, I might be getting a new camera this birthday, but I won't be buying into the Myth of Megapixels.
What's a good point and shoot digicam in the $300 to $500 range to replace my beloved Olympus Stylus 410?