Mayank, congratulations! I thought you were on hiatus from acquisitions. That looks like the perfect camera for a good friend of mine - she's going on a trip to Turkey and needs a small digital camera that takes regular batteries. I'll have to continue to read about it and will probably end up suggesting it to her. The price is certainly right here in the states.
So you're saving up for a biggie, eh? But you'll always keep your serious compacts, I'm sure.
BBW, SX130 IS seems to be an awesome camera and yes, one big reason I bought it is because it has a versatile, sharp lens starting at 28mm equivalent and takes AA batteries (it works very well with NiMh batteries, I personally do not like proprietary batteries for environmental and cost reasons). I would highly recommend it and feel that for the price it's currently selling, it's a total steal. I think you will hear more about this camera from me on this forum. Yes of course, I like compacts more than the 'biggies' any day but for professional shoots or low light landscapes, a DSLR is very hard to beat. And as for G.A.S., well.. er.. um.. let's not think too much about it right now