It's not exactly ideal and definately not going to show you fuzzies, but for portability, I like using my reasonably
cheap digital
camera with a decent optical zoom on a tripod. I set the exposure time to 10-15 seconds, fiddle around with the aperture and other settings, take several pictures, and then move in and look at them on the computer. Doing this I can get pretty good pictures of the moon, I can get a sorta blurry picture of venus if I try hard enough, and bright easily recognizable constellations like orion are a cinch. longer exposure times would be even better, but then you start having to worry about the earth's rotation, etc.
It's nowhere near like a real telescope, but it's reasonably
cheap, it's definately portable, and it's better than nothing.