I have ordered this little Waterproof Still & Video Camera for trial. It's cheap ... $AU 220 delivered and if the reports from a fellow gadget lover are correct, this is a little beauty and far exceeds it's previous little brother. Here are the specs ....
This will be perfect for using on the OC1/2 or OC6, and apparently it takes excellent underwater video and stills as well. No conversion needed to upload to a computer for editing, just plug in to a USB port and the files are loaded straight to your desktop ready for editing in TV quality resolution.
I'm hoping to receive it before the Nationals so i can give it a good workout and post a review here later in the week.
In the mean time check out the Quality in this 10 sec video shot with the camera, it also records sound.