Daylight robbery....

Took leave to send my canon camera for repair..when I surrendered my camera and ask how much it will cost..the girl said "minimum 200" ..I was like "$@#$@wtf!" I bought this camera 2 yrs ago for 699 and now its selling for 500 and the repair is minimum 200? Sigh now I am torn...should I repair or buy a new one? If I were to buy a new one..shd I get a canon digital ixus 70, powershot or SLR...or should I get a different brand...sigh...