As it happens, I am an optics researcher. I'm well aware that dSLRs and point and shoots are different, but my main point is that the G10 is only 15mp on paper. The lenses in the camera are just not good enough to image accurately enough to take full advantage of the chip. The pixels in a G10 are about 1.7 microns across. whereas the smallest Airy disk that an F2.8 lens similar in size to the G10's is about 3 microns. this means pixels smaller than about 3 micons will not give more information. You may think that the crop has more information as it will have a larger pixel count, but it won't have any more information about the scene captured.
Sometime I wonder how we ever managed to take a decent photo in the past, we were limited to a few choices in types of film and only a few choices for cameras and yet we still managed to take the odd reasonable shot.
These days we all shoot whatever camera we have chosen for our own personal reasons and I'm telling you now if veiwed on the same media with the same parameters for all, none of us could pick which camera took which picture. So apart from personal likes and dislikes whether a camera has 10MP or 15 MP or 100MP the image will be for all intents and purposes the same. (i've been looking at Gilligans latest pictures on a 27" High Res monitor and I can see no apparent "noise" in these heavily cropped pictures!)The comparison between dSLR and P&S is like comparing a Nikon F2 with a Hasselblad 500EL, there is no comparison and comparing a G10 with a G11 with a S90 is like comparing an orange to an orange to an orange all from the same tree.
The more important discussion here should be about what features are accessable on each camera and what options in the way of housings, flashes and optional lenses are available to be used with each model.
Peter!