Ah, I love Friday nights, when the volume of answers goes up, and the quality of answers goes way down!
Your arbitrary requirement that the camera must be black takes a lot of good quality cameras out of your hands, and puts a lot of fashion oriented cameras in their place. Not a wise move, in my opinion.
I've disregarded this requirement, and would recommend to you the Canon A720. For less than $200, it'll give you an 8 megapixel sensor, a 2.5" display, and excellent picture quality from a camera in this class. You can't have everything.
With this, you'll still have enough money left over for a set of AA NiMH rechargable batteries and a 15-minute charger, a 2 GB memory card, and a camera bag.
What's not to love?
Check the camera out here:
http://www.dpreview.com/reviews/canona720is/