Re: Point and shoot choice
	
	
		
Check out the possibility of a Canon P&S plus a waterproof case. Canon makes a quality waterproof case for several of their P&S cameras. Then you get a better overall camera with the ability to add waterproofing when the need arises.
Canon SD960 and S90 are a couple examples of Canon cameras that have waterproof houses available.
	 
	
	
	
		Re: Point and shoot choice
	
	
		
Try the Sony TX5. I am pleased with the 720p HD video; looks great through the PS3 onto the plasma screen. I really like the auto pano sweep function. The HDR isn't really tonemapping like you'd get from Photomatix. It will combine 2 different exposures. It's best use would be taking a portrait near a bright window. I take this thing everywhere and use it daily. I love my Canon 7D with all the bells and whistles for more serious stuff. I wanted something as small as an iPhone that had better photo/video capabilities. I got mine from B&H for $329 with free delivery (special going on right now ). Toss in an 8 GB SD card and you should be set for some time.
	 
	
	
	
		Re: Point and shoot choice
	
	
		
here's a good review:
http://www.imaging-resource.com/PRODS/TX5/TX5A.HTM?r=21110151