I am fairly cheap. I bought a Canon Powershot SX-60 HS camera today (with 64 Gb card, backup battery and comfortable strap) for $550. I think that is the 2nd most expensive thing I bought this year (an iPad mini I think was more expensive). In the last 5 years the only other thing I can remember buying that was more expensive was a MacBook Pro.
I am very happy to have a new camera. I started looking more than 6 month ago, at that time the updated version of the Powershot was already 6 month overdue (with no explanation from Canon) so I decided to wait. I am glad I did (though I was annoyed not to have a new camera for my trip to Hong Kong, Guilin, Yunnan and Shanghai earlier this year.
The old camera was ok, if you don’t consider how much better things have progressed in the last 5-10 years. But that is a big thing to ignore. I think the Canon SX line is the most awesome camera for people that want something better than a smart phone (by far the biggest issue for me is zoom though it is also better for various things such as low light, taking lots of photos and video without running out of room on your camera…).
The Powershot SX 60 has an amazing 65x optical zoom (21mm–1365mm). This is just amazing. Much more expensive cameras can’t come close to competing with this. The Canon SX 60 is DSLR-like but not a DSLR. It looks like one but isn’t. It really straddles the area between DSLR and non-DSLR in my opinion.
You can watch at Curious Cat Travel Photos and see if you notice a big leap in the quality of the photos now that I have a new camera.