Need recomendations for new digital camera

About a month ago my 2003 digital camera gave up the ghost after 11,774 pictures.
Walmart had this Nikon Coolpix L20 on sale for $89.

10 MG, 3.6 optical zoom and a 4gb memory card with a 3 inch screen.

With an 8gb card, I have gotten a 24 minute movie out of it.

http://www.walmart.com/catalog/product.do?product_id=13045396#Specifications

I can carry it in my jeans pocket.