I will second that!!! You are not alone!!
I think the digital P&S are great for casual and family snaps, but are a great disservice for photographers. When I hear photogaphers talk about how much they hate digital, I ask them why. 95% of the time its the same issues. Shutter lag, no manual overrides, slow autofocus, slow menu access to the features, poor exposures. All digital P&S issues.
So, I take my S2 pro, put it in manual mode, and hand it to them saying, "Give this a try". After taking a few images, their eyes light up and they say, "Now thats what I'm talking about!". No required menu access to change controls, familiar manual controls for shuuter/aperture/ISO/metering/etc, real manual focus lenses, excellent martix metering, traditional SLR feel and control layout. Turn off the LCD and they would swear they were shooting film.
Then I turn on AF-C, Dynamic Tracking, focus priority, and go to 5fps mode and tell them to follow a car down the road and hold down the shutter button while it passes. They get a series of perfectly exposed and focused images. Rarely ever a miss. Sweet, traditional manual AND automation that actually works in the same body.
But their eyes go dim again when they hear to cost to ante up

But with time, thats coming down also as the technology progresses.