The Olympus Stylus 500, also know as Mju 500, has been reviewed at DCRP.

Here is part of the review conclusion:
“The Olympus Stylus 500 is as compact point-and-shoot camera that looks good, resists water, is super-fast, and has some neat features. Unfortunately photo quality isn’t as good as it should be.
The Stylus has a large and sharp 2.5″ LCD display that is viewable in both bright and dim lighting. Camera performance is very good for the most part […].

If you want a smaller camera that doesn’t mind getting a little wet, it’s worth checking out.”