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@salad
The "compact camera" market / what all the brands have been pushing out in the last two or three years is totally nuts, yes.
Do you have prior experience with a specific brand you like / are already used to?
Check out Olympus OM-D maybe...
http://www.olympus.co.uk/site/rmt/media/specialpages/sp_camera/sp_camera_om_d_e_m1/sp_camera_om_d_e_m1_img/sp_camera_om_d_e_m1_img_benefits/sp_camera_om_d_e_m1_benefits_fg0_a.png