While I understand that the concept of a flood is pretty daunting I really don't think that it is an issue when thinking about housing your compact camera. 99% of the time it is caused by user error - and the type of system you have won't change that as long as it is a good, solid system to begin with. And the canons and ikelites are.
Personally, I think getting an inferior underwater camera set-up and "saving" the land camera you like is a bit of false economy. The model you have now will most likely drop in price and also be replaced by something newer/better in the next 12 months so even if you do flood your current one, it can be replaced or upgraded.
The cost of buying a housing for a current camera vs buying something like the sealife is far less. And your images will be far better, imho. Which means, for me, that would be much better value. Even if I had to buy a second current compact (same model as I would use in the housing), I feel I would still be ahead. To me, the images are the most important thing and I'd give myself the best chance to bring home the best I could.
YMMV and there isn't any one answer that's right for everyone. I'm just adding what my personal experience is - both as a user and as someone who sees many different rigs come through in real life.
Personally, I think getting an inferior underwater camera set-up and "saving" the land camera you like is a bit of false economy. The model you have now will most likely drop in price and also be replaced by something newer/better in the next 12 months so even if you do flood your current one, it can be replaced or upgraded.
The cost of buying a housing for a current camera vs buying something like the sealife is far less. And your images will be far better, imho. Which means, for me, that would be much better value. Even if I had to buy a second current compact (same model as I would use in the housing), I feel I would still be ahead. To me, the images are the most important thing and I'd give myself the best chance to bring home the best I could.
YMMV and there isn't any one answer that's right for everyone. I'm just adding what my personal experience is - both as a user and as someone who sees many different rigs come through in real life.