The convenience offered by small point-and-shoot cameras is unmatched by DSLRs. And, now with advancements in sensor technologies, image quality offered by some point and shoot cameras is also coming close to entry-level DSLRs. Below is the list of 5 best point-and-shoot cameras that offer almost perfect combination of image quality and features:

Canon S95: This camera is from the new breed of point-and-shoot cameras featuring a bigger sensor that offers higher sensitivity and better image quality. Canon S95 comes with a 10-megapixel sensor, ISO range of 80-3200 and F/2.0-4.9 wide angle lens making it perfect for close ups and low light photography. CNET’s Lori Grunin wrote in her review “Though we'd like it to perform better, dSLR shooters looking for a sidekick camera will find the Canon PowerShot S95's top-flight photos and a full manual feature set worth the tradeoff of its compact size.” Canon S95 is available on Amazon for $399.

Panasonic Lumix DMC-LX5: Like the S95 this camera also features a bigger high-sensitivity sensor and wide-angle F/2.0-3.3 lens offering very good image quality. If you are photography enthusiast Panasonic LX5 is perfect for you. It is bigger than Canon S95, but it also has more manual features. Lori Grunin of CNET wrote in LX5’s review “Despite its shortcomings, notably its weak JPEG processing, the Panasonic Lumix DMC-LX5 delivers an excellent all-around shooting experience--fastest in its class, full featured, and capable of shooting some very nice photos.” Panasonic Lumix DMC-LX5 is available on Amazon for just $399.

Panasonic Lumix DMC-TS2: If you are looking for a waterproof/shockproof point-and-shoot camera there is none better than Panasonic DMC-TS2. The TS2 comes with 14.1-megapixel sensor, 2.7-inch LCD, 720p video recording and ISO sensitivity range of 80-3200. Panasonic Lumix DMC-TS2 is available on Amazon for $259.

Canon PowerShot SD4000 IS: Like the Canon S95, Powershot SD4000 also has a bright F2.0 lens and high sensitivity sensor (smaller than S95’s sensor) for better low light photography. PCWorld’s Tim Moynihan wrote in his review “The PowerShot SD4000 IS is one of the most impressive compact cameras we've tested, offering image quality and lens capabilities we're used to seeing on professional cameras.” The camera comes with 10-megapixel CMOS sensor, 3-inch LCD screen, 4X optical zoom and 720p video recording. Canon PowerShot SD4000 IS is available on Amazon for $246.

Samsung DualView TL220/TL225: This camera has unique dual screen design, one touchscreen LCD on the back and one LCD screen in front for self-portrait shots. The TL225 comes with 12.2-megapixel sensor, 720p video recording, 3.5-inch touchscreen and 4.6x optical zoom. CNET’s Joshua Goldman wrote in his review “The technology-packed Samsung DualView TL225 is the ultimate ultracompact for those who like to be in front of the camera more than they like being behind it.” Samsung DualView TL225 is available on Amazon for $199.95.