I started with compacts, moved to intermediate and then onto SLRs.
Intermediates are very good these days, and I enjoyed my Canon with all it's SLR facilities, but was always left wishing I had gone that extra little step to the full SLR.
I know its all down to the depth of your pocket, but I now have a couple of SLRs and a couple of compacts - just have to think what my aim for the day is photo wise. Compacts are very advanced, I use Canon, but I know the Panasonics are pretty high fliers too.
If I take my SLR on a chance day, I'm always disappointed lugging it about - for me a compact can grab a decent image, you may be able to go back another time to get the SLR shot. Something like a boat show I'll likely take both, and dump the SLR back in the car after a wander around - good images, but a right bu**er to carry around.
There are too many choices out ther now to make life easy - but you can get very decent compacts going for a song on Ebay if you keep looking - the last one I got for £10 - spares or repairs - all it needed was the battery charging - instant saving of £90......