I use an Olympus C-7070, probably the last great digital point-and-shoot. The camera is over 4 years old and I have yet to find a suitable replacement. This belongs to the series of cameras that Alex Majoli used in Iraq: C-5050, C-5060, and C-8080. At the time, Alex Majoli claimed that these cameras were the closest equivalent to digital Leicas.
It has optical viewfinder. Using for panning and continuous shooting, but too inaccurate for anything else. The LCD tilts up and down and swivels - very useful. It is a little small and grainy though, but still usuable in most situations. There is even an old-fashioned LCD information panel at the top, which allows the other LCD to be uncluttered for composing.
For manual focus, it shows a focus distance scale, which is very precise. You can focus in 0.1 metre increments outside of the macro modes. The focus distance scale means you can set the hyperfocal distance easily. I set my the custom mode up so that the camera automatically sets focus to the hyperfocal distance as you switch between different focal lengths, using the method described here:
http://www.wrotniak.net/photo/c/c7070.html
If focus and exposure are both preset, and shutter half-pressed, lag is non-existent. The camera can be a little slow saving files though, especially when shooting RAW, which takes around 6 seconds.
The C-7070 has an excellent macro capability, probably the last fixed lens digital camera to have a good built-in macro mode. The super macro mode uses the 55mm focal length instead of wide angle, giving you some extra working distance.
The lens has wide-angle capability of 28mm, which is very important to me. I think it is too dark at telephoto (F4.8) but for most of the range, the brightness is decent. The max is F2.8 at wide angle and F3.2 at 55mm so it is not that bad actually. The lens has a filter thread (40.5mm), which is very rare on this type of camera.
The body is very rugged made of metal and made in Japan, if that is important to you. I like the design of the grip, it is the perfect size for me, not too excessive. It is not pocketable camera, but still very compact, at least for me.
The problem? As you might have already guessed, this camera is discontinued and it has historically fetched absurd prices on Ebay, close to a thousand dollars at one point, well above the retail price, though thankfully the prices seem to have relaxed recently.
