I bought a Kodak V550 and couldn't be happier. It uses a glass lens, has a metal body, a real viewfinder, smooth video, 5Meg, zoom, etc... and it's the size of a pack of playing cards.
I use it all the time... the lens isn't great at full zoom but it is at less-than full.. The smallest cameras aren't in the same league as the SLR's. I have a Rebel X/T that outshoots it by a wide margin as expected. The Kodak did everything I wanted and then some with fair compromises.
Best of luck,
Carl