I love this camera it's my third digital and favorite of the three does need a memory card but great for standard pictures and videos even voice recordings!!
It's helped me take allot of cool myspace pictures with out photoshop it has some easy features that make for a better picture i recommend this completely!

If what you want is to take snapshots of friends and family and occasionally blow something up to an 11x14, then this is the best camera for your money. It will give you great shots. It comes in a very small and easy to carry package. PLus, it's under the $200 you asked for. There are other NIkons out there that you might like as well. Normally I'm a Canon person but I can't deny that in the point and shoot category, Nikon gives you the most bang for the buck.