Top-rated waterproof camera that previously made FP at $399 back in Oct:
Looks like Olympus has put out a $50 manufacturer's discount, and the best deal right now is $380 for Costco members [costco.com]
which is for a bundle that includes floating wristband + 16GB SD card!
Then stack the Costco.com $25 off $250 coupon
-- mine came out to $355, or $388 after tax.
For non-Costco members, looks like B&H [bhphotovideo.com]
(no tax outside NY/NJ), several Prime-eligible sellers [amazon.com]
on Amazon including Adorama, and Best Buy [bestbuy.com]
have all dropped to $399 for the camera only. Both red & black available.