Olympus FE-310 Announced - 5x Optical

Olympus have announced the new Olympus FE-310 - a budget 8 megapixel digital camera with a 5x optical zoom lens, 2.5" screen, 16 scene modes, and VGA movie mode at 15fps. It will be available in silver and black:

"Easy on the eye, easy on the pocket and easy to use. The FE-310 is the easy choice for everyone looking for an eye-catching, high-performance camera at an exceedingly attractive price. Incorporating a 5x zoom, 8.0 Megapixels and plenty of other advanced features, it has all bases covered."