Flip-Out Touchscreen
We'd take the big, bright AMOLED screen on and double it up: One would flip out and rotate to aid overhead shots, and a touchscreen under it would preview edits and upload images. You could view your source image in the flip-out screen, and then see how in-camera treatments and edits might look before saving or uploading your images. Of course, we'd want full-on integration with Flickr, Facebook, Picasa, YouTube, and other sharing sites.
Style
The ultimate point-and-shoot would have to look good. We'd take the slick, slim, solid-color look of --even the lens is the same color as the camera body--along with Canon's easy controls. All we'd add is a textured grip for easily handling.
Lens
Think tilt-shifting pocket megazoom. Panasonic's compact offers a 12X optical zoom lens with an ultrawide 25mm equivalent on the wide-angle end. even ratchets it up to 24mm on the wide end. We'd add the DSLR-grade Nikkor ED glass found in the and--if possible--make it a to help capture some really creative shots.
Wi-Fi
For instant uploads, we would want Wi-Fi such as you get with the , as well as a full browser, as in . Better yet: 3G connectivity, so that no hotspot is needed.
Camera Features
How's this for an all-star team? The 's sensor and high-dynamic-range photos. The 's high-speed burst mode. AVCHD video recording, as in the Lumix DMC-ZS3. Gigs of internal storage (Sony's Cyber-shot DSC-G3 has 4GB). And of course, both full manual and easy automatic controls, to appeal to any level of photographer.