Olympus has announced a replacement for the E-410 with new live view.
New features include the following from Fourthirdsphoto.com
They also comment that the underwater modes are not in the menu and that the camera will "not" fit in the E-410 housing (PT-E03) although the camera is the same size.
The E-410/PT-E03 combo has been a great entry level DSLR at a cost near the digicam level.
"The E-420 features -
Auto Focus in Live View by depressing the shutter release buttonhalfway
New grip on the front of the body for a more secure hold
Face Detection Technology
Shadow Adjustment Technology for greater detail in the shadows
Larger 2.7â€HyperCrystal II LCD Display -Twice the contrast for better viewing in extreme lighting conditions, broader color gamut displays a greater range of color detail, wider view up to 176 degrees off center
Perfect Shot Preview -Live exposure effects displayed in a thumbnail view on the LCD for easy selection/adjustment prior to capturing the image
10MP Live MOS sensor with improved dynamic range –more detailed images
Improved Auto WB (white balance) performance with a new algorithm for more accurate color -Similar color reproduction to the Flagship E-3 model
Increased sequence shooting speed up to 3.5fps
Wireless flash capability with the FL-36R or FL-56R"
"Please note that the E-420 is missing the 2 under water modes that the E-410 had. No exact word on why, but with the larger LCD on the E-420, the existing E-410 underwater case will not fit the E-420."
http://www.fourthirdsphoto.com/preview/e-420_01.php
Phil Rudin