I can tell you why Canon doesn't -- they want you to buy both a compact P&S and a larger SLR-type model. If they put too many features into one camera, too many consumers would be satisfied with buying just one camera. There are many manual controls that are essentially software-based that Canon doesn't put into its SD series, such as exposure control & flash strength.
That's why I think Canon dropped RAW in the S series and then axed the line altogether -- it had too many good elements (including size) to satisfy the average prosumer in one camera.
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I can tell you why Canon doesn't -- they want you to buy both a compact P&S and a larger SLR-type model. If they put too many features into one camera, too many consumers would be satisfied with buying just one camera. There are many manual controls that are essentially software-based that Canon doesn't put into its SD series, such as exposure control & flash strength.
That's why I think Canon dropped RAW in the S series and then axed the line altogether -- it had too many good elements (including size) to satisfy the average prosumer in one camera.