It is difficult to compare the two cameras to each other.
Apples and Oranges

The S80 is a medium size camera for intermediate photographers and it includes manual controls.

The N1 is a very small camera for point and shoot photographers.

Here is a comparison of specifications.

http://www.dpreview.com/reviews/compare_post.asp?method=sidebyside&cameras=canon_s80%2Csony_dscn1&show=all

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The new Sony N1 has a lot of g-whiz features, including a 3" touch screen LCD. You should be able to attract admirers when you pull the N1 out of your pocket. It will certainly out-perform the Sony T1 in just about every category. It has a flash that has a range that is 3 times as far as the T1.

Here is a review of the N1:

http://www.steves-digicams.com/2005_reviews/n1.html

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