Until now I had 7 UW compact cameras: 5 Pentax W cameras (WP,W10,W20,W30 and W60) and 2 Olympus SW (720 and 1030). At the moment I'am using Panasonic DMC-FT1, which (by my criteria) is the best. iA mode, UW mode and image stabilisation are simply the best in UW P&S camera segment, also AVCHD movies are awesome good.
I'm looking for one of these cameras now for snorkeling / beach / kayaking duty.
What do you think of the newer Panasonic Lumix DMC-TS2?

Looks pretty sharp. I want to replace my really old Canon SD700 with bulky underwater case.
