So I was IN LOVE with photographer in high school and college, since then I have stopped shotting pictures (and it seems like 35mm is totally old school). I am going to ask DH for a new point and shoot for christmas to get me started up again. Any good recommendations? I would like something under 400-500. Thanks ladies!

My sister has a Canon powershot and it's awesome! 

leica makes really great P&S's....

Canon S90 for sure.

ISO is up to 3600, ability to shoot raw, low aperture, video... It's the one of the best point and shoot camera out there now!  It fits your budget too.

http://reviews.cnet.com/digital-cameras/canon-powershot-s90/4505-6501_7-33765880.html

http://gizmodo.com/5393112/canon-s90-review-itll-never-leave-my-pocket-except-when-im-taking-pictures

I have a Canon Powershot 1100 IS and I love it!!