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Be careful... a lot of the reviews for the Pentax Optio W20 and Olympus 720 said the LCD viewers were useless in direct sunlight. Since they don't also have optical viewers you are stuck when that happens.
The reviews must have been right, because the next generation just released (Optio W30 and Olympus 770) are both touting better LCD viewers that work well in direct bright sunlight.
So, if you get a Pentax or Olumpus, make sure you get one of the new ones just released. They are also more drop proof and waterproof than the earlier ones.
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