The TOUGH 1030 Olympus needs review.
I just returned mine - a battery leak.
A modest 45 days old.

I had a good look at it before sending it in.
There are 2 hinged & waterproofed openings.
1) the SD card / battery compartment.
2) the usb cable port.
The metal fittings on the flap for the USB port are tarnished and on the way to corroding (this bit is outside the seal so is meant to get wet).
The socket pins for the usb are also looking less than clean (tinge of corrosion) and not likely to see out a year.

I am really disappointed as the concept is great.
I think that a good rinse in freshwater after use in sea water is not enough (I have been filling sink up and doing recommended stuff) - When it comes back will be soaking in fresh water for a few hours. Plus using electronic cleaning spray etc.
Unfortunately you can't buy the silicon sleeve and floatation strap locally (OZ importer doesn't) you have to go to AMAZON or equivalent.

http://www.amazon.com/Olympus-Silicon-Li-50B-Replacement-Battery/dp/B0016D3YQM/ref=sr_1_1?ie=UTF8&s=photo&qid=1226460892&sr=1-1www.amazon.com/Olympus-202204-STRAP-FLOAT-ORANGE/dp/B0014DURIW/ref=pd_bxgy_p_text_cRunning at around 350 pic's for $500+

Wonder how or where they test these things - My real world laboratory (sea side) - ain't anything special

The repair shop sounded polite anyway - so fingers X'ed
SF
PS top of the new year to U