I also have an Olympus Stylus, mine is a 770 SW. I have really enjoyed it. It is compact, nearly indestructible, and goes 30' underwater! It takes pretty decent pictures for a point-and-shoot, especially considering all the lens components are inside the body. I bought a silicone skin for mine, it keeps it from getting scratched and adds a bit more shock resistance.
These are a few pictures I've taken with it. They aren't full resolution as I have dial-up internet service (gonna have to spring for satellite internet one of these days...) but they give you an idea.