I have the Canon S90 and it's very versatile and pocketable. but would recommend canon G11 if you don't mind the size and do macro a lot.
OR, wait until sept-nov, for them to put out the new version for the aforementioned... the new cameras will have HD videos (hopefully with a better burst too)
OR an even cheaper alternative is the Canon sd4000, IT'S GOT SUPER SLOW MOTION VID = great for recording feeding
Sorry for being a nerd.. i sell this stuff...