If you're the type to go through reviews after reviews before purchasing an item, well hopefully i can help.
After spending over a month researching and going to stores and reading all the reviews and head to head comparisons from the canon D10, Olympus tough 6000 and 8000 and Pentax w60 and the Lumix ts1. I finally decided on the TS1 for my all around camera and the camera to bring for my vacation to Hawaii.

Here's the pros and cons i encountered now that I've had it for 2 months. I won't go into detail about photo quality since you can get that info on other digital camera reviews sites. But I can say that my photos have turned out great especially if you know what this camera excels at.

Pros
+ durable enough to take on hikes and to the beach without worry.
+ takes great photos and videos underwater
+ HD video
+ wide angle shots.
+ 5x zoom
+ no issue w/ battery life (lasts all day and night)
+ multitude of manual options and scenery choices
+ has point and shoot setting for the photo challenged
+ doesn't look like an underwater camera

Cons
- Maintenance, if you take it underwater you have to before hand make sure no particles on the camera's doors, ie lint, and/or dirt. But that is to be expected when you purchase an underwater camera.
- seals do seem like it needs to be a bit thicker but i never had a problem w/ water getting to the battery compartment even after a week of constant drenching in the ocean either snorkeling, or kayaking. I did however clean it everyday if used in the ocean as per the instruction.
- the zoom button isn't in the best spot (in front of the capture button) and I wasn't thrilled that it was a slider type.

I highly recommend this camera if you need it for a vacation and also one that you can use everyday. It's not perfect but against the other cameras in its class, this one has all you will need.Get more detail about Panasonic Lumix DMC-TS1 12MP Digital Camera with 4.6x Wide Angle MEGA Optical Image Stabilized Zoom and 2.7 inch LCD (Orange).