Hey! You should know that Olympus has released a newer version of this product: the Olympus TG-870 Tough.
Olympus's tough TG-800 line cameras are designed to be a bit more affordable than the highly ranked TG-2 and TG-3 options, while still offering waterproofing and durability. The TG-860 adds one big benefit over the older models--improved video.
Olympus has just introduced a new holder that allows cameras like the TG-860 to be worn attached to a chest harness or belt for POV shooting. That, along with the upgraded video may be enough to sway some buyers trying to decide between a tough camera and a mountable video camera. The TG-860 shoots in full HD, but now has a 60 fps frame rate over the previous model's 30 fps. Faster frame rates translate into smoother footage, so that 60 fps is nice to see for users who want to shoot action in the midst of the action.
The TG-860 also gets a little more durable with an underwater rating of 50 feet, where the older TG-850 is rated at just 33 feet. In fact, the TG-860 has the same durability ratings as the more advanced TG-3. While the camera is also shockproof to drops of seven feet, it is not scratch-resistant, so consumers should pick up a screen protector as well.
The TG-860 captures shots with a 1/2.3" sensor, the average size for a point-and-shoot. The lens is also average with a f3.5-5.7 maximum aperture--but keep in mind shooting underwater is not an average condition. Lenses with brighter apertures like the f/2 on the TG-3 will offer a significant improvement when shooting underwater or in low lighting.
The TG-860 also features a tilting LCD screen for composing shots at awkward angles. Both wi-fi and GPS are included too. Another perk is the wide angle perspective for capturing more of the scene in one shot.
The TG-860 isn't the best waterproof camera on the market right now, but offers a solid feature set for the price. Be sure to compare with the more advanced TG-3 before buying. The camera is available in orange, black and white for a $279.99 list price.