I had the S95 for a while and I thought it was a great little camera. The only thing that bothered me, relatively speaking, is that there seemed to be no mitigation or correction for things like flare and chromatic aberrations. But that doesn't have to be a deal-breaker. And if pocketablity is your top priority, you can't beat it.
While I have a Canon SX230 superzoom compact, when I want a small, quality camera-lens combo with me, I usually reach for my Olympus E-PM1 with the Panasonic 14mm f/2.5 on it. Read into that what you will.