DPReview has the press release and images of the Canon PowerShot G11. This comes of course, right after my dad got himself the G10. Same lens, a downgrade from the 15mp sensor in the G10 to a "high sensitivity" 10mp sensor (maybe they listened to people talking about the insanity of huge megapixels on a tiny sensor), better anti-noise (they claim 2 stops) and various other things. No HD video yet either...
Interesting to see what the people screaming in the forums about how Canon was right and DPReview and their unjustified crusade against high megapixels in P&S cameras have to say...
Update: Engadget has a hands on with the G11.