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I have the Olympus 770 waterproof model... I love the thing... I did the research and chose this one simply due to the fact it is completely waterproof, crush proof (up to 250lbs) and withstands the cold pretty well... The picture quality is above par, for point and shoots. The coolest feature is to take shots under water... Im at work so I don't have any pictures here but I will repost... I got the cam at circuit city in June, I purchased online one day and picked up at a local store for like $278... they were having a Digi camera sale so It was well below street price.
Although the other options are good... the fact you don't need a water proof casing for it... won me over... and I treat the thing like my Van Staal and it still works like a champ.
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