Panasonic Lumix DMC-TS3 12.1MP 4.6x Zoom Rugged Digital Camera (Silver) for $329.99 shipped.  Here is a screenshot for reference.  Alternatively, it is available at B&H Photo for $334.95 shipped.  This camera is waterproof and features a 12.1-megapixel 1/2.33" CCD sensor, Leica DC Vario-Elmar lens with 4.6x zoom from 28mm to 128mm, 2.7" LCD, Image stabilization, HD video recording, [...]