Fiasco [fɪˈæskəʊ]n pl - a complete failure, especially one that is ignominious or humiliating!
If you have been following my blog, you will know I WAS a sucker for Canon G series of compact cameras.
According to Wikipedia:
The PowerShot products are a line of consumer and prosumer grade digital cameras, launched by Canon in 1995. The PowerShot line has been successful for Canon, and is one of the best-selling digital camera lines worldwide.
The Canon PowerShot G is a series of digital cameras released by Canon. The G series cameras are Canon's flagship models aimed at prosumer photography enthusiasts desiring more flexibility than a point-and-shoot without the bulk of a digital single-lens reflex camera.