Well, I have the Olympus TG4 which is a best in class outdoor P&S. $349CAD last year. Waterproof down to 50'. It's nice to have a camera that you don't worry about getting wet in the rain and can stand some tour type abuse like cold or dropping.
It shoots in JPEG and RAW and has a pretty good macro feature along with the ability to fix a so so external zoom lens.
Here are some pics:
Nice to be able to use a camera worry free in this weather
Macro
Unterwasser
And one more macro...
