I found this deal two days ago which the Black one is still available for £162.53! But they ran out of stock immediately after I bought mine so here is the only option now. (When I bought mine their website stated that they have 14 left...)
Great camera although it doesn't have custom mode, but the "smart mode" is smart enough for newbies and professional and it got good quality build.
I think there maybe a chance for them to restock the Black or Red one so you may want to keep an eye on it.
Canon is offering cashback on this model, please see the details below:
**£20 Cashback on purchases between the 31st March until 1st June 2011**http://www.canon.co.uk/springcashback/