With a budget of about $400, you'll find a great mixture of strong, intermediate digital cameras.
The best fixed lens cameras (or "DSLR-like cameras") in the sub-$400 price range contain large zoom lenses, high resolutions, large LCDs, and some specialty features. You'll find some mirror-less interchangeable lens cameras in this price range, too, such as the Pentax Q (pictured here). Even some older, entry-level DSLR cameras fit in the sub-$400 price range.
As you're thinking about your camera shopping list for the 2013 holiday season, I've recently updated my list of the best cameras for under $400. Just click the link to see the full list.
Photo courtesy Pentax