Can anyone please explain to me, why most recent compact-cameras (even by professional manufacturers like Nikon or Canon) don't have options for manual shutter/aperture-control? All they have are various night-shot-modes which are often pretty useless since they won't let you change ISO- or self-shutter-settings. In my opinion a simple M-Mode which lets you set shutter/aperture/iso/flash manually can't be to hard to implement or take much memory on the firmware.
So considering one was able to modify the firmware - could the sensor take any serious damage by overexposure?