Sanyo Xacti VPC-E2 8MP Digital Camera/Camcorder for $149.99 shipped. Here is a screenshot for your reference. It can be used on land and underwater. Its features include 640 x 480 video resolution and 8-megapixel still image and a 2.5″ LCD. As a comparison, Best Buy has it on sale for over $200.
This deal has expired as the price has been raised.