I've owned two Olympus digital cameras, so far, and I been EXTREMELY satisfied with both. The pictures are crisp, the colors saturated, the cameras easy to use.
I've compared my pics to some of those from other digital camera owners, and, IMHO, mine are significantly better.
Olympus uses Superdisk memory cards.., no floppies. You have to transfer your pics to the computer via serial cable.
Considering, though, the pics of a 1280x1040 camera run about 170K each, you'll only get 7-8 pics on a disk (and that's with "high quality" resolution.., if you want "super quality", you'll get only 1-2 pics per disk).
I don't think any cameras use the LS-120 disks.