While talking to this same brother, he asked me if I was ready to buy the new Canon S5 IS since the price has gone down $100 recently. I said, no, I am very happy with the camera I have, thank you! He's the one who recommended it to me, and I'm really glad I listened to him. I was looking at getting a new camera last fall, because I wanted more zoom. He said to buy either the Canon S2 or the Canon S3, and I ended up finding a really good deal on the S3, so that's what I got. So far I am really happy with it. It can take some pictures that I would never dream of with my old camera, both because of the increased zoom (12x optical) and the image stabilization. I love image stabilization!
The only complaint I really have is that the camera is too big to fit into my purse, so I don't take it everywhere with me the way I did the old one. I still carry the old one in my purse, and the other day Jeffrey and I saw a bunch of hot air balloons off in the distance. I had him stop so I could take a picture, but I really missed my zoom - the old camera only has 3x optical. I felt like I couldn't see those balloons at all, and I wished I had known they were going to be there so I could have had my 'real' camera!