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I happily snap away with an Ixus 75 I got my parents a few years ago. Not available anymore but at a quick glance the newer 95 is in budget and they have now thrown in optical IS. Surprisingly good at close up but don't expect big zoom. Has semi-manual controls if you want to override the camera now and then. Assume the 95 has the same and more.
I'd happily spend more on the 120 IS though, a quick spec glance and its impressive for such a small thing, better screen, processor, lens, build etc. worth the extra.