Provided that your needs are - a small portable camera for travelling, and then one which can serve as a good home-camera for non professional uses - I'd go, in your place, for the new Canon A-710, although I don't (yet) have one, but have gone over reviews and users opinions in cameras magazines (dpreview.com, and the like, found with the courtesy of google), for I consider buying one. The pros to this camera are, in the circumstances (A) It is of a nice 7 MegaPixells; (B) It has a strong x6 optical zoom (C) It has and Image Stabilizer, which stables the outcomes of shots even if hand are shaking - like those taken from mooving jeep in some eastern desert, or when using long open sjutter for night shots etc. (D) It's a Canon (With which company I unfortunately have no touch) - so as for quality you hardly can go wrong. Its price is most places lower than your budget (Look for prices comparisons in those magasines, for the high ones are often double or more than the low ones, so your cousin who paid $450 for that will for sure explain why shopping on the internet is time consuming - but feel uncomfortable about the $250.- you paid in another store.
In anyway - I'd make the purchase on one of the internet shopping centers in Israel, as you'd always better be close to the shop where you bought it; and the prices are about same, or else the diffences are negligible compared to the pros. On a site called P1000 for example, it sells now for NIS1,500.- which is about 280 USD, payable in 36 equal monthly payments, no interest; and you get a 512 sd card, and 4 years guarranty. I did not see that prices in America really beat it, especially bearing in mind the long warranty and free home delivery. That's my opinion, and I wish you have a nice deal anyway - DS