I've been testing the Crumpler Thirsty Al pouches for my compact Canon SD 700 IS, and it looks like I'm not going back.
The Thirsty AL series comes in 5 sizes: extra small, small, medium, large, and extra large. I've been using the small size for the the super compact SD 700. The pouches are well made combining Neoprene front and sides with super tough nylon 900D flap, spine, and back -- and 300D ripstop lining. The Velcro-secured top flap also contains a pocket to carry a spare memory card -- very handy for those of us who shoot movies as well as still photos. The back belt loop is also secured by Velcro and has a lanyard loop too. I've used the loop with my The Digital Story D-Ring keychain to secure the camera while on the go.
Since most compact cameras don't come with cases, I'd recommend this series of pouches as a thoughtful accessory. They come in five different color combinations (I'm using black at the moment), are quite handsome, very well made, and are intelligently designed. You can buy the Crumpler Thirsty Al pouches on Amazon for about $15 US.
ExpoDisc Custom White Balance -- Simply Better Color. Simply Better Pictures. Visit www.expodisc.com