You can get something very good for that price.

Make sure it's got an optical zoom on it. It will have a better lens and get you better pics.

Also check what betteries it uses. AA or AAA are better just because if they go flat you can always buy more form the shop. Very few shops stock battery packs.

Make sure you buy a spare memory card aswell. Nothing worse than getting somewhere and realising you have no space left on your card

Also mega pixels aren't everything. A 6mp picture will easily print good pics on A4 paper.