Pool parties and trips to the lake or beach usually involve lots of pictures and home video being recorded. The problem is that getting too close to the action poses a significant risk to your camcorder since a tiny bit of water is all it takes to kill most cameras.
Toshiba has announced its first waterproof camcorder that not only resists splashes, but can be used underwater as well. The new camera is called the Camileo BW10 and it can operate in up to 2 meters of water.
The device is only surfacing in the UK right now, but I would not be surprised to see it come to the US as well. The device sells for the equivalent of $185 in the UK. It records 1080p video and has a 2-inch rear LCD. Storage is to SD/SDHC/SDXC cards up to 64GB.