Sony TX-10 $169 (Black Friday Only)

This is a very good pocket camera.  Comes in many colors and is waterproof enough for beach usage and snorkeling.

Update on 2011-11-27 02:55 by Mike Mu

Best Buy also has it for the same price:

Sony DSC-TX10 Cyber-shot 162-Megapixel Digital Camera - Silver Capture special moments with this digital camera that features 4x optical and 4x digital zoom to bring you close to distant objects and scenes. The SteadyShot optical image stabilization helps reduce camera shake to ensure crisp, clear images.