New toy - Olympus SP-550UZ. 18x zoom. I'm now a lot closer to "if I can see it I can shoot it" while still having a camera that I can have on me most of the time... only two downsides: xD cards are evil and I've been enjoying it so much that I've been spending time with the camera that I probably should be spending on other things... I tried to read the first few chapters of RESTful Web Services, enjoyed the introduction, got a few pages in to chapter one - and then went for a 3 mile hike in the rain, and found it to be a better choice, simply due to finding this and this in the middle of nowhere. This is more than just new-toy-glow, I'm averaging 80 pictures a day and far more of them make it to flickr than before.
It was definitely worth not waiting for the Canon S5-IS (the announcement of which was why I was open to looking at a larger camera.) I've even changed some of my summer plans to be more photo-oriented (not entirely because of this, but it was a real influence.)
Great Meadows NWR turns out to be a pretty good place to watch planes going into Hanscom (BED) while also observing nature; the Piaggio "pusher" above is probably more unusual and distinctive than most of the critters I saw that day :-)