Here's something for the Christmas list: Ricoh has teamed up with Pentax to made a new rugged camera. The WG-M1 does full 1060p/30fps, takes 14MP photos, can go underwater and be dropped from great heights. At least that's what the promotional material says, it isn't out yet, but at $300 it's not quite as cheap as a GoPro, but it promises a bit higher quality.

Via.