Dee once bubbled...
I've had my PT-10 below 40m several times. The first wasn't intentional. I was retrieving a dropped weight belt in a hurry! I felt the housing groan and pop and figured everything inside was toast! No. Everything was just fine. I started taking it a bit deeper as the days went by, deepest was to 148 with no problem. The pictures taken were great. After the second trip below 40m, the housing didn't even groan anymore.
The folks at Olympus have told me they test the PT-10's to 250ft. They never could tell me why the limit was only 30m. Decide yourself if it's worth it to you. I don't worry at all for any depths within 10m of the limits. YMMV