Your dropped cameras reminded me - I've whacked the Oly Stylus on a rock twice, both times by forgetting I'd put the lanyard around my wrist and reaching out to steady myself. It survived both, with just a couple dents. I also seem to have squashed it at some point, which messed up the on/off switch. See this thread for the repairs, if you're interested in what a P&S looks like inside:
Dismantling an Oly Stylus 300
It's one tough little camera. If it were made of flimsy plastic, it wouldn've have lasted two months in my hands. Or should that be out of my hands?
Julie