What you're describing is typical of P&S cameras. What kind of camera do you have?
All cameras struggle with low light situations, and it's the large sensors and fast (i.e. they can open very wide to let in what light there is) lenses that give the DSLRs the ability to take decent low-light pictures.
The main reason why your night pics look blurry is because the camera is setting the shutter speed to something slow (could be anything from 1/40th of a second down to a second or so) so it can get enough light, and the camera, or the subjects, are moving while the shutter is open. Just the very slight shaking of your hands is enough to blur a night pic into a complete mess!
BTW, Spectromagic is a *very* difficult subject to take pictures of, even for DSLRs with high ISOs and fast lenses. Getting a good shot is MUCH harder with a small sensor P&S, and nearly impossible with one that has no IS or manual controls.
You can usually get very nice photos of static subjects at night (like lit-up buildings or Cindy's Castle) with P&S cameras if you set your camera on a tripod (or some other stable support) and use a longer exposure. Many P&S cameras that don't have manual controls have a Night mode ... which basically just sets a slow shutter speed.
But, for a night-time moving subject, the only option is to get the fastest shutter speed you can.
