I have the same camera as Gregg (Hammerhead) and I love it. It has no moving parts, so it is less likely to break down, at the same time has no optical zoom, which could be an issue if you take pics of surroundings.
It also doesn't have a remote to take a picture of yourself from a holder, but it has a self timer (2 & 10 sec) and unlike most cameras you can set it for two pics in a row. So, if you don't get yourself ready for the first shot, you have one more shot opportunity without the need of touching the camera. That was usually enough for me.
I bought it at Walmart for $69 with 3 yrs free replacement warranty for additional $17.99.
I am tossing it around and so far works fine. Day pictures are very good, in post below you have some samples of pics at night and under water.
Check my review of it in my post :viewtopic.php?f=19&t=15671