Either camera would be a good choice for around $200.
If you have been using a SLR or DSLR camera for very long, you are going to miss having manual controls so that you can select the shutter speed and aperture settings.
I have a Canon SLR and I need a new pocket camera. I'd like something fast and less or around $200. I have been thinking about the Canon sd780 and the SD 1200. I am open to suggestions. This is just for causual use but I do have kids.