Thanks all for the suggestions, and I got a little lost for a bit there, but it seems that the RX100 type of camera is for me. I'm mainly looking for a decent camera to take on upcoming trips to Europe and SE Asia. I didn't realize there were so many cameras in the PoS size range that took DSLR quality photos. In reality, I don't see myself building out a collection of lenses or shooting a huge variety of stuff, so the interchangeable lens seems a bit overkill.
Right now I'm leaning towards the RX100 or the S120, which are both $450-500, (or the cheaper S110 which is $250). Any thoughts between these three?
Thanks for pushing me into the deep end of cameras! haha