Film grain mode?

Almost, but not quite, entirely unlike film.

RE: @ Peyton

I'd highly recommend the Panasonic TZ5 model, got awesome some and great stabilisation.

Another missing statistic

Another missing statistic: How many mm² is the sensor array?

The bigger the array, the more light you can capture before reaching saturation. More light captured means better contrast at low ISO, and lower noise at high ISO. In fact, the better the picture. My old Fuji 2800Z (1.92MPx) with a freakin' huge array took noticeably better pictures than many 4MPx cameras with smaller arrays.