I just bought a Canon Powershot A3300 IS point 'n shoot. It has a 5x optical zoom and 16 MP. I am loving it. Easily the best camera I ever had. It replaced a crappy 5 year old Polaroid 5mp camera. I was going to buy a DSLR so I could take closeups of small things that I sell on eBay. The Polaroid wasn't cutting it on closeups, but I figured this Powershot A3300 should be able to do a good enough job on closeups, and it does. I figured if the Powershot wasn't as good as I hoped it would be, then I'd buy a DSLR and use the Powershot as a pocket camera. But I think the Powershot has enough capability for my limited photography experience. I am taking it everywhere we go and snapping a lot of pics for my Flickr account.
I got it at Best Buy. It was marked down from $169 to $99, so I figured that it must be a heck of a bargain and it must have some nice features, since its original price was so high. Similar PnS's didn't seem to be as feature laden or well built. The PowerShot S100 looks tempting but at around $350, that's DSLR territory.
My other gear is a small Targus tripod and case ($5 as a bundle at Wal-Mart), and a Dynex 50 inch tripod. 16GB seems to be the sweet spot for SD cards for value price per size, so I bought a SanDisk 16GB card for about $14.
Post your gear, even if it's modest like mine. I definitely see a DSLR in my future. My cousin has a Canon EOS Mark 5D Mark II that he just bought, and he's using it to make some extra money doing head shots of beautiful women and models. Lucky guy.