Quick advice: pocket camera

Based on the research I've had time to do, and my current (old) Nikon Coolpix camera, I'm thinking I want to upgrade to more megapixels, more memory, higher ISO, and AA batteries, which added together comes up with the Coolpix L12. (current street price $130-180).

Anybody got any better ideas? At this time I don't want a large SLR emulator digital camera - if I want to use SLR features I'll break out the perfectly usable 35mm film camera.

ETA: The more investigation I do, the less likely I am to go for an L12. CNet's review tells me I'll be frustrated with it:
http://reviews.cnet.com/digital-cameras/nikon-coolpix-l12/4505-6501_7-32319122.html?ar=o&tag=pdtl-list
Grrr. I do want ISO control, and the ready refresh rate is one of the negative points on my current camera.