Helped sister bought a V2 in december, bought @ 515SGD CP.
(Of course, after bargaining with the uncle using the equote, best if u use an equote before u go to CP coz at first i didnt show equote he quoted my sister 570SGD)
Think price should be much lower now?
Actually V2 has quite some modes, and of course, if u really explore its OS, there is still certain manual functions possible, just that you need to look deep inside the menu.
Although owning a V3, think that if V2 compared to A40, will take V2 if you are a point & shoot person.