The Nikon S70 is a 5X optical zoom, 12.1Mp digital camera. It includes Nikon's Optical Vibration Reduction, and has a large OLED touch display, which includes "Clear Color Display" according to Nikon (not sure what it means). It can record 720p HD movies with sound.
The S70 costs 179$, and is now shipping.
3.5" touch OLED