July 29, 2008 PENTAX today announced the Optio E60 compact digital camera, offering 10.1 megapixels and 3X optical zoom for a measly US$140.

PENTAX Optio E60 Features

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  • 3X optical zoom lens with wide angle (equivalent of 32mm to 96mm in 35mm format)
  • Digital shake reduction
  • "Green" mode that sets exposure, sensitivity and other settings to optimal levels at the touch of a button
  • Powered by the ubiquitous AA battery
  • Image Recovery function retrieves accidentally erased photos

The Optio E60 will be available in October for under $140, in any color you want - as long as it's black.