sd1200is or sd780

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Well.... I finally lost my SD600 pictured below. I am looking for a replacement the question is should I get the SD1200 which has a few less features and costs $150 or the sd780 which is full HD video a few more features like colorswap (which I rarely used) for $200. I am inclined to get the 1200 but I guess I will wait to see what good deals come up. I think the best price on the 1200 is 150 on amazon and the 780 is $190 on newegg.