I did eventually get one of those little cameras. Picked it up yesterday and headed off to Sandy Bay to see how it worked right away. Only in the water, of course!

(and there was no one there anyway, thank goodness)
I got the Olympus 790SW, which has actually been discontinued. It is only resistant to 3m but I wasn’t prepared to fork out almost double the amount for the 10m version. There are two models which have come in now. The 3m one is about R4300, and the 10m version is about R5300. But if you hurry and go to Makro in Milnerton, you can get the 790SW for only R2500. They have 3 left now. The newer models only seem to boast higher ISO settings, which means &*%@ to me. The photos only get ultra grainy, as was already stated in the post above mine.
The battery only came partially charged, as the manual stated and my mate took a lot of the photos but here are some. Not too bad, given the cost:
http://www.facebook.com/album.php?aid=155374&l=f61e6&id=666040483
For sure it’s not as good my SLR but at least I can get some more unusual shots without having to rob a bank to fund the housing for it. The only annoying thing was that I had to buy an XD card for the camera and I have loads of SD cards for some other cameras… Otherwise it seems pretty cool. I’m sure I’m going to have a lot of fun with it. (Sorry about the watermark, but I’ve had 3 different websites already steal some of my paddling photos – and they were all dealt with at least. Although it could be cropped off and a smaller version used, it still helps, even if only a little.)
