Recently purchased the Sony HX5 which is more than adequate and capable (would recommend), but need a rugged camera for sports, skiing, surfing etc.....so have just gone for this deal. One of the smallest waterproof cameras you can buy plus the clever Sweep Panorama. Excellent once you get the hang of it.
Reviews are good and everywhere else is selling for £200+
New version out soon (TX10) so may be more discounts to follow but need it now!