Sony Cyber-Shot DSC-P150 Digital Camera

Nice camera. Takes very good pictures. Better than comparable models. Pictures will usually come out well in auto mode but if you have a more challenging shot you have manual options for white balance, ISO, apeture, shutter speed, metering, focusing, you name it. You won't get more manual options in a compact!

Battery life is great, and even though it was made in 2005 you still get 7.1 megapixels. And if you think it won't compete with a 10 or 8 megapixel camera think again. 7.1 is more than enough for A4 prints and fine for enlargements.
I personally do not notice much difference in any camera when dropping to a resolution above 3 megapixels. Its all a bit of a gimmick.
Lens quality is far more important and the carls zeiss optics ensure the images come out clear, detailed, and colourful (though not overly saturated).

Also a little large and not that desirable when compared to latest canon's/panasonics.

Lacks image stabilisation which is a pity. Only high end compacts, and all pansonic lumix's have it.
The screen is only 1.8 inches, makes it hard to tell if your shot has come out well although the high resolution helps here.

Otherwise its a great choice. If you want to spend less than £100 on a compact camera this is an interesting alternative to some flawed compacts. It will take better pictures than pretty much all of them. To get better image quality you need to spend £120 or so and that makes these something of a bargain. A good one should last and work reliably too.