Bought this camera to take on a cruise to the Bahamas. Took a couple of pictures before the trip just to make sure it worked, and all seemed good.
The first 5 days of the cruise (including 2 snorkeling expeditions where I didn't get near to 10 feet underwater), it worked great. Good color rendition, and the panoramic feature was so much more simple than other point-and-shoot digital cameras that I have had. The pictures were nice, and it worked great under water. Sadly, towards the end of the 5th day, the view screen stopped working. It would come on for a couple of seconds and then go blank. I recharged the battery a couple of times, and even tried our spare battery, but that didn't help.
The camera didn't leak in the battery compartment, so if it was caused by water leaking in, it came from some other part of the camera.
Fortunately, we had our Kodak digital camera with us on the trip, so we were still able to take lots of pictures of the Bahamas and Key West.
Sadly, the Olympus went back to the store for a refund. If it couldn't hold up on a fairly tame cruise, I just couldn't justify getting a new one for potential future vacations like white water rafting that I would want a waterproof, shock-friendly camera for.
I have a good Canon DSLR for serious photography. We bought this camera to take snapshots on the cruise, and for future vacations. The camera has nice features, and worked great while it worked. Sadly, since it didn't last 5 full days, I really wouldn't recommend buying one.