Uses of Olympus c5050:-
1) Use as paperweight
2) Give it to your 5 year old nephew or cousin - they will know what to do with it for fun
3) Use as ornament in fishtanks - the fish love them!
4) Use it for short-put practices if an actual metal ball is not available
5) Chew toy for your dog
I used to have the c8080 and found it to be a very good camera.
It aint the 'pro-ness' of a camera that ensures a good capture. All cameras have their limitations.
Too fast, too heavy, too small, too slow, too flexible, too controlled, missing a red badge, has a red badge..
Its up to you to figure out how to work within those limitations.