[RWebb]

think about the features you really want in a point & shoot

if you have a good DSLR and a smartphone, then the P&S needs to fit into that "interior gap" and provide some advantage over the other two cameras - say, overall image quality and portability

then there are "special situations" - flash use, macro, long long lens (wildlife or sports); ultra-wide work, etc. -- DSLR wins every one of those and also has ease of use (ergonomics) adv.s

I chose the Canon S95 ($350) for the above reasons - a $150 Sony is a fine little carry in one of the cars all the time things, but does not have the image quality or ease of use of the Canon