There is no such camera for less than $350.
You might look at the Samsung TL220, TL225, TL205, TL210.
Those cameras have a small LCD on the front of the camera in addition to the normal LCD on the back.
They are designed to do exactly what you described.
I wonder if anyone knows of a camera with flip out LCD that can swing to the side in order to make it easier when taking photos of myself or with friends. I'm hoping it's 8 megapixels or higher and with AA batteries. The "cheaper" the better
I would appreciate your help!