i have done a lot of research on some cameras and have it narrowed down to these.

Olympus 8000
Pentax ts1
or maybe the Cannon g10.

I am dying to hear some reviews on all of the small waterproof cameras coming out but a lot dont even hit the market until April. I have been patiently waiting for dpreviews to do some reviews on them. oh well. just gotta wait it out then.