Olympus updated its ultra-zoom line with a new flagship, the Olympus SP-550UZ. This digital camera comes with the most zoom available on any compact digital camera to date, providing a massive 18x of optical zooming power. The camera also comes with image stabilization, which is a necessity when dealing with a 28-504mm (equivalent) focal range. However, the 7.1-megapixel SP-550 can still fit in the palm of a hand. It has total manual control, a variety of scene modes, and one of the best-looking housings created by Olympus. It will sell for $499 in March.

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