One feature that you are going to want to look at, which I learned the hard way, is the quality of photos taken indoors. Some are much better than others (it's all about the CCD, I guess....). One's with flash-shoes are more expensive, but if you're looking for quality vice compactness, you may want to go that way.
I say that because, I assume that you will be using it in a hangar style of setting some times, and no matter how many magapixels the camera is, if the resulting photo is grainy and dark, it'll just be a big, crappy photo. Also, look at any video capabilities it may have, and if it's lame quality (320X480), don't bother with it, as a digital camcorder would be better for that purpose. It's hard to find a decent priced camera/camcorder combo (believe me, I tried). Anything that tries to be everything, usually isn't.
Get a decent tripod as well, preferably one with a detachable base-plate (so you can quickly release it from the tripod, without dicking around).
I have a Fuji FinePix6800Zoom, and while it's fairly nice, it does have a few shortcomings (the indoors shots are weak compared to others).
Oh yeah, get one with a Lithium Ion (or better) rechargeable battery, as they go through batteries like a MoFo. And get a second battery (I buy mine on eBay.... way cheaper than buying the OEM ones at big box stores). Make sure you get a memory card that is compatible with other devices that you may have (Palm, MP3, etc), as it makes life a lot easier (I have a SmartMedia card for my camera, but everything else I have is SecureDigital

). Memory cards are dirt cheap now, so shop around, and it wouldn't hurt to have 2 (or more).
And don't worry, it won't be obsolete in 2 months..... it's already obsolete as soon as it hits the store shelf. Gotta love trying to keep up with technology.
Al