"If you can wait a few weeks and have the money, I'd hold out for some reviews for the Fuji X10. Looks gorgeous, and with an MSRP of $600, I'd expect it to be possible to get it for $500 or less by Christmas, if your wife is looking for gift ideas."
I'm going to Japan next week so can do some duty-free shopping before I go. I'd decided on the X10 but then a salesman suggested the Canon G1X because of the bigger sensor. That sounded good so I got one out of the case and handled it. It was … blah. A black plastic camera with lumpy bits. The X10 looks better, I love twisting the lens to turn it on and it's smaller than the G1X and I like the retro style and similarity to my Contax T3.
I checked prices here and in Japan (keeping in mind that "duty free" now means claiming under the Tourist Refund Scheme when you leave the country). Surprisingly here was cheaper (unless I was willing to subscribe in Japan to NTT's internet service, for which they would sell me an X10 at half-price. Since I don't need an internet connection in Japan that's not an option).

