newegg offers the Olympus X-560WP 10-Megapixel Waterproof Digital Camera in Red for $59.99. With free shipping, that's tied with last month's mention (which included a 4GB microSDHC card) and the lowest total price we could find by $16. It's waterproof to 10 feet and features a 3x optical zoom, 2.4" LCD, face detection, movie mode, 19MB internal memory, XD and microSD card slot, and USB 2.0 connectivity.

Order by 6:30 pm ET today to receive this item in time for Christmas.