I hear you, this is really a G7 MkII.
...not for higher resolution, really, 10MP is plenty, and I shoot my web only shots at 5MP and print at full 10 resolution, I guess 12 can come in handy, but truly not needed. You can do a full magazine cover with 8MP DSLR images.
I've come to really appreciate the 3" screen, 2.5 was nice, but 3 allows you to really see what you shot. also this new canon, I maybe wrong, looks to have a bit of a grip on the front too. hard to tell from pictures
by the way, it's pre-selling on amazon for $499, that's a 100 cheaper than when first the G7 came out. how can you go wrong? Right? I mean, it's the G7, with better screen, for the same price...
I really hope it shoots faster. that would be a nice bonus. we'd have to wait for your video, where you'd tell us "in practice" how good this camera really is...
Check out this paragraph from Canon:
The analogue-inspired design of the PowerShot G9 has been updated on this model with a textured coating and a black alumite lens ring. A larger grip and pronounced thumb rest ensure secure and comfortable handling. On the back of the camera, a 3.0” PureColor LCD II offers several benefits. With 230,000 pixels resolution, the high contrast screen provides vastly improved colour reproduction and better visibility at wider angles of view. An anti-reflective coating helps in sunny conditions, while a protective layer guards against knocks and scrapes. The PowerShot G9 retains its optical viewfinder for extra framing flexibility.
and this one:
The photographic features of the PowerShot G9 are matched by a powerful array of movie capabilities. In addition to VGA (30fps) and high resolution XGA (15fps) movie recording, the PowerShot G9 introduces LP (Long Play) mode. This mode offers movies of half the file size without compromising on resolution or frame rate. The new Time Lapse Movie function allows the extended capture of changing scenes – such as a blooming flower, or bustling city streets - for accelerated playback as smooth VGA-quality movie clips.