I did extensive research (see here : http://singletrackworld.com/forum/topic/what-compact-camera-3) 😉
I ended up with the S100 as it was smaller and £180 cheaper. It’s been replaced with the S110 which has added Wireless transfer but essentially the same. Just seen it on WEX for £320 with £20 cash back.
The RX seems to be winning the best compact category atm and if I was buying one today I’d probably get that instead 🙂
The retractable lens is great as the best camera is the one you have in your hand. And you can easily stow either in a pocket so it’s easy to get at too.
I don’t have any action shots but I’ll happily send you a link to my Flickr site set if you want (all post processed and reduced in size but I could send you the unadulterated file of any specific one if you wanted).