See the News Section and Download page at:
http://chdk.wikia.com/wiki/CHDK
If you own a Canon P&S camera (or any camera for that matter), or are
considering buying a new camera and don't know about CHDK, you owe it to
yourself to see what CHDK can do. No other cameras in existence, DSLRs included,
are capable of what a CHDK-compatible camera can do today.
The SD700 version of CHDK is in preliminary beta phase but appears to be working
(from reports so far).
Any bug reports and comments can be found here
http://chdk.wikia.com/wiki/SD700_CHDK_Porting