You will not find a good low light camera for under $200.
You will not find a good low light camera with 7X or higher zoom.
The best choices are the Panasonic LX5 and the Canon S95.
Price is around $400. Zoom is around 3.5X.
For a better than average camera for around $200, look at the Canon Elph 100 HS, 4X zoom.
I am going to a music festivial this summer and I am in need of a new camera. My old camera is a Canon Powershot that still works fine, but the battery is starting not to hold a charge. I am looking for a camera with at least 10 mega pixels, at least a 7x optical Zoom and a pretty good battery life. I also needs to be able to take pictures in bright sunlight and low lights. I would like to spend under $200 but if it is a really good deal i will go as high $250. Any suggestions would great!