I have the pre-predecessor to this camera: The Casio EX-Z50. My camera is 5 megs (not 7), no video capture, no Anti-Shake DSP image stabilization, and cost about ~$300 three years ago. I have been very happy with it, so much so that I got the predecessor EX-70 for the missus for about $200 18 months ago.
This one is wicked cheap: $134 at Amazon (w/free shipping)
Even better deal: If you are in NYC, J&R had an ad in today’s paper: $129!
Go buy 3 or 4 and give them out to all your friends . . .