“With a strong set of features including GPS and excellent performance, the Panasonic Lumix DMC-FT3 comes recommended.”
ePHOTOzine has published their review of the Panasonic DMC-TS3 / FT3, a rugged shockproof (fall from 2m / 6.6ft), waterproof (depth of 12m / 40ft), freezeproof (14° F / -10° C) and dustproof (equivalent to the “IPX8” and “IP6X” standard) camera with 12.1MP (1/2.33-in. CCD) resolution, 4.6x wide-angle optical zoom (28-128mm equiv.), 2.7-in. (230k-dot) LCD, HD Video, optical Image Stabilization, Intelligent AUTO, Intelligent Scene Selector, Intelligent Resolution, 3D Photo, GPS, Altimeter, Compass, Barometer and Depth Indicator. If you want to dive deeper, there is also an optional Marine Case DMW-TS3(FT3).
You can read the Panasonic TS3 / FT3 Review at: ePHOTOzine.