The Olympus C-740 Ultra Zoom is a 3.2 megapixel camera with a 10x optical zoom lens.
Physically, the camera is quite bulky (due to the 10x lens), and feels heavy for it's size. I have not found it to be very durable; the rubber coating around the viewfinder has come off, and some of the silver colouring has worn off the body.
Picture quality is reasonably good, and the 10x zoom is a nice feature to have. There are many preset shooting modes for the beginner, and experienced users are also able to customize the settings. However, I have found that there is often a lag between when the shutter is pressed and when the photo is taken. This isn't a huge problem if you are taking snapshots, but may be a problem if you are trying to capture action shots.
It's best to use a tripod (or place the camera on a solid surface) if you wish to take advantage of the long zoom lens. There is no image stabilization feature on this camera, so shots tend to turn out a bit blurry if you zoom all the way in without using a tripod.
You can frame your pictures using the LCD display, or by looking through the viewfinder. On this camera, the viewfinder is actually another, smaller, LCD display. This allows you to see exactly how your shot will turn out 'through the lens'. However, I found that it didn't work so well in darker situations.
The camera is powered by AA batteries, and I have found that battery life is decent. Because this is an Olympus camera, it uses their proprietary XD memory cards. These tend to be more expensive than other memory cards and are sometimes harder to find.
Overall, I would say that this is a decent camera for the money.