Joe,

Put it on a lanyard around your neck. That's how I now have my new digital camera set up (mine has a hand strap slot on the side of the camera that I put the lanyard through). I keep the camera in a new small camera case on my tackle pack (fanny/belly pack) belt but I made a lanyard for it also out of some thick black shoestrings for hanging around my neck when I'm using it. Even though my Pentax Optio W10 is waterproof, the neck lanyard works like my neck strap for my Canon SLR and is my "peace of mind" that it won't go overboard.

Just be careful you don't strangle yourself with it.