OK review over at dpreview
bottom line quote:
At the end of the day this is a camera that can be picked up for just under $330 if you shop around, making it not only a good $100 less expensive than any other 7 megapixel camera offering this level of control, but also considerably less than most of its 'point and shoot' competitors such as the Canon SD500. And none of these cameras (save for the Sony P200) offers MPEG movies, none of those in a similar price bracket has any real photographic control, and few can capture as much detail. So if you're prepared to live with the higher than average noise, occasional exposure problem and shutter lag (the V700's real Achilles heel) you'll not find a better price/feature ratio anywhere. It was a difficult call deciding whether to give the V700 a Recommended or Above Average, and ultimately it just, just scraped a Recommended, simply because it offers the best option for anyone wanting this kind of specification on a tight budget.
VERY tempting for $100.
The thing is pretty tiny, too. I'd jump if it weren't for the bold comment above.
ps- when trying to find info/reviews, i came across a site quoting amazons 100.xx price.... so good luck to those that bought.