INTERESTING!
One thing I noticed is that it has 3 auto Underwater modes. Olympus does have a compact digital that can take pictures underwater. This one does not say it can do that, but it seems like it has that capability due to these underwater settings. Should be great for snorkelling.

It seems like it is Not however a small camera that can fit in a pocket if that is what you are looking for. It is over 3" thick (a little thicker than Olympus' DSLR), compared to less than 1" for most pocket-sized cameras. I guess whether it fits into a purse depends on size of purse.

They sure are packing an awful lot in here. Can't wait to see the reviews.