OMG YOU gotta get Panasonic Lumix TZ7 or any successor of that series!! Seriously the BEST point and shoot camera for recording live concert. The sound is ahhhhhhh mazing!! It has 12x optical zoom too and takes great pictures at low light! Dont believe it watch this!!!
The above video wasn't mine but I recently went to a concert and I was just standing right next to the bass and my recorded videos did not get distorted by the loud bass at all!