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Looks like a winner!
I recently purchased the Olympus 1030 SW, closer to $400 with the extra battery pack, charger and 4G card.
It is 10.3 MP and looks a bit more rugged than the model shown, it also is rated to 33' underwater instead of 10' like the SW 1050.
I have been very happy with the 1030, it's been snorkeling also 300' up on my kite camera rig!!
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An over 40 victim of fate
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