I believe you will be pleased with either camera.
Both produce excellent sharp photos.
There is little difference between the two.
The most mentioned difference is the size of the LCD.
With Kodak having a 2.5 inch LCD and the Canon having a 2.0 inch LCD.
Of course the Canon LCD can tilt and swivel.
This is a situation where you really can't make a mistake.
I suggest you visit a store where you can get your hands on both cameras and see which one feels right to you.
I'm just a mom - with no photography experience to speak of. I need a camera which will be good indoors and outdoors and will be good for sports action shots. I believe I've narrowed it down to these 2 cameras due to megazoom capability, 6-7 mp's, and cost - under $300. But I cannot decide between them. Your thoughts are appreciated.