Looking for a cheap ultracompact that may take pictures and probably won't burst into flames? The Samsung PL20 or ES80 might end your search.
The two cameras are essentially the same despite their very different naming. Both have a 5x f3.3-5.9 27-135mm-equivalent wide-angle lens, digital image stabilization, and are powered by a lithium ion rechargeable battery charged in camera via USB. They presumably have LCDs on back, but there's no mention of them in the press release; I'm going to go with 2.7-inch screens.
As for the differences, the $119.99 PL20 has a 14-megapixel CCD sensor, while the $99.99 ES80 is 12 megapixels. The PL20 can also record HD movies (1,280x720), has a newer version of Samsung's Smart Auto scene recognition, and features an in-camera help guide.
The PL20 hits stores in March with the ES80 following behind in April.