FinePix XP80 16MP Waterproof Digital Camera 8GB
Shipping Options:: $5 Standard
Shipping Estimates: Ships in 1-2 business days (Wednesday, Apr 20 to Thursday, Apr 21) + transit
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$167 on Amazon. Mixed reviews.
I have one of these and can confirm it does a decent job taking pictures while snorkeling. Waterproof and seems reasonably resistant to the lens getting smudged. No real complaints about it.