Pentax just announced the Optio W10. This is a waterproof camera for up to 30 minutes at 1.5 meters underwater. It has a 2.5" LCD. 3X Optical Zoom. 6 MegaPixal. Price to be announced.
This would make a great camera to put in you vest, and not worry about getting it wet. Some of our board members use the earlier models, and I have noticed that they take great photos.
http://www.dpreview.com/news/0602/06021503pentaxw10.asp
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