You have gotten some great advice here, and I'll summarize it briefly:
Nitrox offers its greatest advantages in the middle recreational range, for dives between 70 and 110 feet, where NDLs begin to limit things. It offers very little benefit in shallow dives, and becomes less useful as the dives deepen, because the percentage of O2 you can use decreases. It is also very useful if you are doing repetitive dives, where residual nitrogen begins to limit your NDL time even on shallower dives. It has little impact on bottom times for people who can't approach their NDLs on a single tank because of gas consumption. There is anecdotal evidence that diving Nitrox makes you feel better, but the one study that looked at this didn't bear that out. It has not been shown that Nitrox reduces DCS risk in recreational divers (probably because DCS risk is already so low, and because people diving Nitrox tend to use all the extra bottom time they get by doing so).
Regarding the camera, what everyone has said about making sure your buoyancy control is very good BEFORE carrying one is spot on. But it is quite reasonable to begin with a digital P&S, without strobes. You'll take a lot of bad pictures while you are learning to use it, but with digital cameras, that's okay! My friend NW Grateful Diver dove for a couple of years with a P&S and got some stunning photos -- and threw away a lot of others. Eventually, if you find you really enjoy taking pictures, you'll want to add strobes and/or upgrade the camera, but you have time to make those decisions.