Olympus Optio WP review at Steves

The Pentax Optio WP is a compact digital camera that features JIS Class 8-equivalent waterproof performance and has a body only 22mm thick. What's more, the Optio WP also features a 2.0-inch LCD monitor, a 3x optical zoom lens, and the imaging power of 5.0 effective megapixels.

Pentax Optio WP 5MP Waterproof Digital Camera

There is an Olympus Optio WP review at Steves in which he says-

"Pentax's Optio WP is the first water resistant camera we have seen to feature a JIS Class 8 waterproof rating, where its predecessors the Optio 43WR and Optio 33WR only had a class 7 rating. Not only can you capture images in the rain like many digicams we have seen, but you can actually take this ultra-compact model underwater without a special housing. This versatile little camera features 5-megapixels of resolution, a 3x optical zoom lens and a large 2.0-inch LCD. It offers a a multitude of different exposure modes to choose from. There's the typical Program (Auto) mode with adjustments for ISO, White balance, etc. When you want to be a little creative, there are 12 scene specific modes that are pre-programmed for various shooting conditions. The fully automatic Green mode is perfect for beginners, allowing them to capture great shots without having to deal with any camera settings what so ever.
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Bottom line - The Pentax Optio WP is an ultra-compact digicam that offers good image quality and performance for a 5-megapixel consumer digicam. Its JIS Class 8 waterproof rating makes it very appealing to those who live an active lifestyle and need a camera that won't be damaged by rain, snow or a day at the beach. With an MSRP of around $299, it offers an excellent value for a camera in this class and is sure to be popular this year."

I can think of a lot of places I'd love to take a waterproof digital camera. Bet you can too.

Optio WP Features:
* Compact and water-resistant camera body
* Fast boot-up and minimal shutter lag time
* 5.0-megapixel imager and a 3x optical zoom lens
* 2.0-inch color LCD monitor
* 20 Shooting modes to select from
* Voice Recorder and Voice Memo features
* Metering and White Balance is adjustable
* 10 Digital Filters, Sharpness, Saturation and Contrast is adjustable
* Movie mode 320x240 (30fps/15fps) w/audio, length limited only by available memory
* Built-in flash with Auto, Fill and Red-eye Reduction modes
* ISO speeds: 50, 100, 200, 400
* USB Mass Storage compatible for PC and Mac OS
* 10.5MB of memory + SD or MultiMedia memory cards
* World Time function displays the time in 62 cities
* Powered by rechargeable Li-ion battery
* Audio-Video Out for connection and replay on TV
* PictBridge compatible for direct printing