Canon PowerShot S100 is the successor to the highly regarded S95 , while the SX40 HS takes on the super-zoom market with its 35x lens. Both cameras use the company's new DIGIC 5 image processor, which brings high-speed burst shooting and 1080p video to the party.
Canon PowerShot S100 features improved low-light performance thanks to its f/2.0 lens and new, larger 12.1 megapixel CMOS censor (gone is the CCD of yore). It also has a GPS receiver for embedding location data in your photos.
SX 40 HS is slaps the new processor and sensor into last year's somewhat disappointing SX30 IS. Both cameras will cost $430, with the S100 set to ship in early November and the SX 40 HS in late September.