The Panasonic LF1 is a great pocket zoom:
bright accurate viewfinder
f/2.0-5.9 28-200 equiv zoom lens
decent level of manual controls
Lots of great stuff for the person who needs a pockable do it all.
On panasonic.com you get $150 off using coupon: Pocketzoom
Its not a slr, and its not the best image quality, but for how small and light it is, and how great the zoom lens is, its all you need if you care more about having a camera handy than having your lens bag hanging around your neck.
$350 is a great deal on this camera.