Toshiba has a lot of camcorders that I already has on the market. The thing that all of those have in common are that they are designed for dry environments. A bit of water or rain on the average camcorder and it's probably lights out for the device.
Toshiba has announced its first waterproof camcorder called the Camileo BW10 sportcam. The BW10 can survived those splashes and spills that come with parties and trips to the beach or lake. The camcorder can even be used to record full 1080p video under water.
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The camera can work in up to 2 meters of water and has a 5MP CMOS image sensor. The camera records in full 1080p resolution and has video stabilization. Storage is to SD/SDHC/SDXC cards up to 64GB. The camera sells for the equivalent of $185 in the UK.