The two cameras you looked at would essentially be replacements for your old A40; in some ways not as good, in others, better. Upgrades would give you a longer zoom lens, more gadgety features, and possibly a larger digital imaging sensor and brighter lens. No small camera is going to have a fast flash recycling time, but the weaker the batteries used (AA alkalines), the longer the wait there is. That is yet one other reason why most cameras these days use proprietary battery packs.
So after spending a recent vacation cursing at my bulky Canon PowerShot A40 for being, well, too heavy and with a flash that takes a decade to reload between shots, I've decided it's probably time to finally replace the darn thing after a decade of use.

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