My knock against at least some of the Pentax point and shoots, my E60 being one of them, is that they oversaturate green and to a lesser extent yellow, I'm not sure on the E90 though. You might look at images from that camera on Flickr or Pbase. (they both allow you to look at images from different camera models via search)
For point and shoots, to me at least, Canon, Fuji, Sony and Kodak have good color. Kodak's are cheap and a lot of people knock them, but I've seen some nice photos in the Kodak Dp forum.
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