A local diver who posts on the BA divers yahoo group posted a link to these lovely pictures taken with his new SP-700. For a shirt pocket camera with 6mp, very impressive. He mentioned a strobe, but I don't know if it is remote or he was talking about the built in flash.
http://www.bmf.com/bwpscuba/monterey/2006-06-04/index.html
http://www.bmf.com/bwpscuba/monterey/2006-06-04/index.html