A couple of other options:
Ikelite also sells a similar $260 housing for the Flip Mino, Kodak, Panasonic and Sanyo variations of the vertical camcorder.
Ikelite Video Index Cisco just announced they're discontinuing production of the entire Flip line so those may be really cheap soon.
For under $1000 - a Canon camcorder - models: VIXIA HF M32, VIXIA HF M31, VIXIA HF M30 and VIXIA HF M300 - in their
WP-V2 housing. Street price on the housing is under $400. It's a limited function housing but all the basics are there. My buddy shoots an MF200/WP-V1 and gets good results. Even though it has an underwater mode, he's buying a red filter this year. The housing has a standard sized fitting on the port so it or wet lenses are options.
The cost-reduced (flat port only and no flip filter) Amphibico Turtle starts at around $1200. Add one of the supported Sony cameras and you should be in the $1600-1700 ballpark.
http://www.amphibico.com/rec/turtle-underw...eo-housing.html It has many of the features - back LCD monitor, electronic controls, 330' depth rating - of their better EVO model. When paired with some (all?) of the better Sony models, the Turtle does Manual White Balance - you want this if possible.
Competition for the Turtle is probably the TopDawg at $1500 -
Top Dawg Underwater Video Housing, Top Dawg Mini Housing, Top Dawg II Housing But with a shallower depth rating, no MWB, controls on the housing body - IMO you get more from Amphibico - esp. if you add the flip-down red filter and hydrophone options - I believe it's still cheaper also.