Hamilton Beach 25450 Gourmet Sandwich Maker $37 at Amazon
Buy.com has the Olympus Stylus 1050 SW 10.1MP Digital Camera Black, Champagne for $150 + $0 shipping = $150 shipped. This camera is waterproof, shockproof and freezeproof. [Compare]
1/2.33" CCD, ISO from 80 to 1600, image stabilization, face detection
3x optical / 5x digital zoom, weighs 5.4oz, 2.7" LCD
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Seems like a pretty decent little camera. I really like that the lens doesn't stick out, much less likely to get ruined by dirt that way!
Then take a look at the S51/S52/S60's from Nikon, #1. They are consistently rated higher than the Olympus brands and can be had for about the same price.
Correct me if I'm wrong, but I don't think Nikon has any of the waterproof camera... so far.
Olympus has good point and shoot, waterproof, rugged cams