So, does the RX100 live up to all the hype?

Ray Sachs wrote:

And, frankly, in lower light, the RX-100 just doesn't look much better to me, at least in the jpegs I've been able to find. In lower light, the LX-7 has about a one stop advantage wide open and notably more than that as you move up through the zoom range. And frankly, the LX7 looks at least as good to me at 1600 as the RX100 looks at 3200, so I'm not sure there's much advantage, if any, except at lower ISO where I'm OK with the LX anyway...