I need a camera that does really good 1080p video but that also does fantastic photos for close ups and long range for family photos, vacations, landscape, etc. Something good in low light for video and photos. I was looking at the T4i because it looks pretty future proof and fits my needs, but maybe theres a point and shoot that fits my needs. I'm trying to keep my budget under $500 not including any lens or accessories.
Before you make the plunge, read some reviews and take suggestions from the forum. Don't aim too low when choosing a camera. I've never heard anyone complaining that the camera they bought is too good.
Don't rule out used and refurbished cameras from dealers and manufacturers.