If you want to read the opinion of a professional photographer, read on...
IMPORTANT UPDATE: The TX10 is NOT Compatible with Sony Marine Pack Enclosures or any other enclosures.

Pros:
1) The TX10 shines in low-light still photography, it eliminates most of the noise even at ISO 800.
2) The small form factor means you can easily hide the camera from "predators."
3) It is water "resistant' but not truly waterproof aka. you shouldn't go scuba diving with it.
4) It's High Definition 1080p video is pretty good compared to other digital cameras in this price range.
5) Zooming while videotaping is possible. Most consumer digital cameras can't zoom while in video mode.
6) Surprisingly good wide-angle (you don't need a wide-angle adapter)
7) The panorama mode is cute and effective but not very high quality (noise is introduced due to panorama cropping).
8) Excellent flash coverage.
9) Choice of MPEG or AVCHD recording. MPEG is the... Read more

This camera is not waterproof! Sony will not cover camera for water damage, even within the warranty timetable. It is an underdesigned camera for the advertised features. To make my experience worse, dealing with the Sony Repair Center in Laredo, TX. I will not buy another Sony camera based on my warranty experience. Read all the 1 star reviews on this camera. They are true.

I took this camera to AUSTRALIA and the camera broke after 4 days into my trip! It is NOT waterproof! NOT WATERPROOF! I had a camera professional look at the camera and water got into the camera through a seal. Sony explained it is not covered under warranty. I bought this camera on August 21 started using the camera on the 1st and the 4th broken. Too expensive since it was double to replace. SONY ruined my vacation and I could not get another camera. I DO NOT recommend this camera. DO NOT BUY! Look all over the internet, you will see lots of reviews about water getting into the camera!