46MP Sigma SD1 Merrill £1700 ....... vs D800

Sigma SD1 Merrill with sensor of 46MP
With it's magical Foveon sensor

http://digitaljournalofphotography.blogspot.com/2012/02/sigma-ceo-defends-sd1-merrill-price.html

Set up company price Jpy 200,000 is less than £1700
usually market price will be lower than company set up price

Will it compete against D800 (£2300 ish)

Note:

IMHO, the 36MP on D800 is RGGB, so it should be multiplied by 1/3 or less for each color. The true color of 12MP, against true color of 15MP on SD1 Foveon