Iphone underwater camera?

Have you ever had an electronic device fail, due to water damage. Well look no further there is a company called "Golden Shellback" which has invented a way to coat your electronic devices so they can still function in water.

Watch the cool video, how they submerge an  iphone under water and it still works!

Right now Golden Shellback is available only when you send your device in, and they would send your device back. Golden Shellback can be used on laptops and all kinds of electronic devices. I tried to check their website out but it seems to be down today on January 15,2010.  (http://golden-shellback.com/)

Even after this protective coating, I don't think i would be going Scuba anytime soon with an Iphone.  Although the service they are offering seems to be pretty interesting!