Camera nerds: getting a new point and shoot. 28-112mm vs 36-133mm lens?

Urraca

Veteran XX
So I'm buying a new camera, I'm partial to Canon and they just released two new point and shoot cameras. The SD880IS (28-112mm) and the SD990IS(36-133mm), one being 10.3MP and the other being 15.0MP. I no nothing about cameras, but my instinct is that on a point and shoot ,10MP is already overkill, and having a 15.0MP is ludicrous and the lens isn't good enough to take advantage of it really.

The biggest difference I see in these cameras are the lenses then. What is the difference between the two and what are the advantages in this size difference? Is one a wide angle?

Also the 880 is $50+ cheaper and has a bigger 3" LCD, and about .5x more optical zoom. To me the 990 just comes in a cool black and has more useless megapixels. Pretty sure I will go with he 880 if the lens checks out okay.

I'm also up for any suggestions on cameras though.
 
I can't speak for the quality of the Lumix but from what I've seen they have some pretty impressive features for P&S (auto bracketing, image stabilization, etc)
 
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