The Canon G series is quite good for macro shots and you can pair it with the Raynox DCR-250.
To see some samples, you can search "g11 Raynox" in flickr.com.
You might look into finding a Sony DSC-R1. I used one fairly effectively for quite a while. It has a macro mode, shoots RAW, nice, big APS-C sized sensor and a Carl Zeiss zoom lens. Sony doesnt offer them anymore but Im sure you could pick one up used or maybe "new, old stock".
Its a GREAT all-in-one unit. And barely qualifies as a p/s IMO. I still keep mine as a back up in case of emergency.
Edit: taken with said Sony.
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Maybe this will be hard to answer w/o actually handling the cameras, but why can Nikon L110 focus closer to the watch dial than the P100 can....?
P100 - 26x zoom NIKKOR; 4.6-120mm (equivalent with 35mm [135] format picture angle: 26-678mm); f/2.8-5; Digital zoom: up to 4x (35mm [135] format picture angle: 2712mm)
L110 - 15x zoom NIKKOR; 5.0-75.0mm (35mm [135] format picture angle: 28-420mm); f/3.5-5.4; Digital zoom: up to 4x (35mm [135] format picture angle: 1680mm)
If this is a dumb question, forgive my NEWBNESS...