Mag G......keep in mind that 300 was talking about my camera, not a point and shoot.
Mine is a bridge......so it allows all the controls you mention and allows for easy adjustments.
My concern is with getting photos that are a little bit sharper under difficult and low light conditions.....and I'm not willing to spend a huge amount of money to get that benefit.
But maybe this? How does it compare to the Sony Alpha A230L????
http://www.amazon.com/Canon-Rebel-T...7?s=electronics&ie=UTF8&qid=1319212656&sr=1-7
Does this deal give a pretty good bang for the buck?
Yes, the Canon Rebel line is excellent.

It's more than $100 more than the Sony, but it definitely has a reputation to back it up! Up to you to decide if it’s worth $150 or so more than the Sony. The low-light performance of either will be higher than your bridge due to the sensor size alone but also due to the better glass that tends to be faster (i.e., can open up wider, i.e. has a lower f/stop number), but mainly because of the sensor size.
The larger sensor of the DSLR cameras means that they collect more light/detail per pixel than a bridge camera. Those point-and-shoot (and bridge) cameras advertising 16 megapixels aren’t telling you that they are cramming 16 million pixels onto a sensor the size of the head of a tack. These days, megapixel count is largely for marketing to non-enthusiasts. But a 10 megapixel DSLR with excellent glass will take far superior pictures to a 20 megapixel point-and shoot.
So, what does that mean for low light performance, which you mentioned was important to you? It basically means that as your camera tries to get the right exposure, it can only do a few things: it will try to open up wider (lower f/stop number) and slow down the shutter speed, letting in more light. But if you’re already shooting at the limit of hand-held (1/60 or so) and shooting wide open (maximum aperture opening), then the camera has no choice but to up the ISO.
ISO. Even though digital camera sensors are complex pieces of technology, at their heart they are actually analog devices. An electrical signal is sent to the sensor, with a certain gain for the signal. When you up the ISO, you are increasing the signal strength and increasing gain, but you are introducing “noise.” Basically, the sensor is straining to be more sensitive to light, and it loses detail in the process (causing those ugly, gray, washed-out images taken in low-light). That’s “noise.” The huge sensor of a DSLR deals with the increased signal gain much better, keeping “noise” in check, and they often even have great noise filter options. A good DSLR or mirrorless system can take print-worthy pictures at ISO 3200! Bridge and point-and-shoot cameras usually cannot even give you a useable picture at ISO 800.
Take, for example, a typical low light situation: at a dinner table in a restaurant. With a DSLR, you can shoot manual: bring the shutter speed down to 1/60 or so, turn that IS (image stabilization) on to help with the low shutter speed, boost the ISO to 1600, turn that noise filter on (to further reduce noise in the image), and open the aperture way open as far as it will go (typically 2.8 or 3.5). You just might get a shot good enough to print out.
A point-and-shoot or bridge will try to get the shot, but it will fail because it just doesn’t have the capability. It will want to use a flash, but a lot of people (myself included) think that those on-camera flashes make low-light pictures really ugly. On-camera flashes should really only be used for fill.
Cheers and don’t hesitate to ask anything! Lots of enthusiasts here.
Mag