I don't think you will find a ruggedized digital camera for $150.
I don't think any of the major camera companies make a fixed focus lens camera any more.
For the $150 price range I would look at the Canon A550.
If you keep it dry, it should work OK for skiing.
The camera has a special mode setting for snow, be sure to use it.
Cameras will work OK in snow conditions, but skiers say to keep the camera close to your body to keep the batteries warm.
Cold batteries are a bigger problem than the camera itself.
I'm looking for a small and compact digital camera that can withstand a beating and harsh cold element factor. I'm going skiing at snowshoe and i'd really like to take some action pics/vids on the slopes.
The things i'm looking for-
something that can withstand cold
a fixed focus/internal lens
takes SD memory cards
takes decent photos and video
is there anything i should look out for in the area of shooting techniques in the snow?