I'm looking to buy a new digital camera. For the most part it will be used to take pictures of our new son. But we'd like it to be pretty flexible, for taking reasonably good pictures of groups of people and action shots.

The biggest priority for me is that it not have the standard 1+ second delay between pressing the button and the photo being taken.

I'd also like to pay somewhere below $300.

Any suggestions would be appreciated. I've heard that SLR cameras don't have the delay, but also that they're usually closer to $1000.

Thanks in advance.