Panasonic Lumix DMC-FZ20K 5.0MP Digital Camera with 12x Optical/ 4x Digital Zoom, 2" TFT LCD, 16MB SD Card (Mfr# DMCFZ20K) $299.99

Featuring a 5-megapixel CCD sensor, the DMC-FZ20K delivers a wide range of detail and color with images up to 2560 x 1920 pixels--enough information to make photo-quality prints up to 13 by 17 inches. Leica DC Vario-Elmarit 12x zoom lens, with 3 aspheric elements, combines comfortably small size with superb image rendering. By combining with a 4x digital zoom, users will have an equivalence of a 48x zoom lens in a very compact body, though users should note that digital zoom degrades picture quality!

Amazon.com is carrying this 5MP Digital Camera for only $299.99 + Free Shipping!