Is the camera buying guide still accurate for P&S?

[Agentbolt]

I need a new point and shoot for the holidays, I have a Rebel T1i currently but it's not something I really want to lug around on plane trips and over to people's houses for a holiday get together.

I'm only looking to spend 150-200 dollars as this is going to be a secondary camera. Things that are important to me, in order of importance:

Video (720p)
Image stabilization (for something approaching okay low light performance)
Small
Stylish if possible.

I'm perfectly fine going refurbed or used/ebay to save a few bucks. Any suggestions?

 

[angry hampster]

Image stabilizer only matters in dark spots if you've got a lot of zoom.

 

[PurdueRy]

Image stabilizer only matters in dark spots if you've got a lot of zoom.

IS can help in ANY situation with low light...not just at long focal lengths.

 

[Agentbolt]

IS is going to help more at wide angle since the shutter speed can slow down even more, you're not dealing with telephoto shake AND darkness.

So any suggestions on the camera itself?