I know I intentionally underestimate walking. That is because I assume most people do walk on a typical day. Also it's no where near comparable to the calories burned from swimming and running.
Unless of course as I stated, you have never worked out before, and/or overweight.
To maddie: Side aches? You mean your obliques? You are a swimmer, how are you getting cramps there from walking? The only thing that hurts when I walk too long is my feet and knees -_-. And yes, I really do need to start swimming, my cardiovascular capability is nil. That's it, I'm going tomorrow (I've been procrastinating since beginning of summer from doing so), unfortunately the college pool opens and closes 7-8am.
To OP: All in all the best exercise for you is what you can do that is challenging and you still enjoy it. If for now the best you can do is power walking, then power walking it is, if you can do swimming, then swimming it is, and so on and so forth.