I've a Oly C770UZ which I upgraded from a mju-400 (Stylus 400). Love the compact size of the 770, should fit your cargo pants pocket, anyway it fitted in my Dockers jacket pocket. Fantastic photos too. And the best thing is you can share the same battery/remote/xD of your wife, more sense money wise.
The EVF does have a black out problem but you tend get used to it. However, prefocusing does help to solve the shutter lag problem.
The only downside I can see probably would be the lack of IS and AF assist lamp.