Well, my wife dropped my carryon bag out of the back of the SUV while we were unloading at the airport this Christmas and my Canon S300 has a cracked LCD. 
The D70 and lots of lenses were also in the bag but thankfully unharmed 
Thanks Lowepro.
So now what? The digital elph was my first digital and made for a convenient pocket camera for snapshots in places where I didn't want to mess with DSLRs and lenses etc. (like skiiing going out to dinner). Since I had the housing, ikelite strobe handle and two Sea &Sea lenses it was also a convenient backup system to my DSLR.
But besides being small and fairly durable 
it was a pretty primitave camera. So should I upgrade now that I have the opportunity or should I just replace it on ebay for ~$100?
Main limitations:
(dersirements of a new camera)
1) Shutter lag (terrible first generation prosumer 1+ sec)
2) No manual settings (aperture/shutter speed)
3) Fairly large compared to cameras today
4) Small screen
5) poor battery performance
6) limited 8 sec movie length
Requirements:
small size (doesn't need to be a prosumer to compete with D70)
underwater housing available
compatable with Sea&Sea MMII lenses with adapter
CF card (same as D70 is easier)
Good movie mode (I actually use this a lot since the DSLR doesn't have one)
Thanks!
