Why I won't sell my RX100 if I get the RX1 (bonus: Man eats guitar!)

I agree. My Canon G10 also did better with loud volume recording. If there was one thing I'd change about the RX100, it'd be an external microphone input.

Examples of clipped recordings I shot with the RX100:

(This one, you commented on!)

https://www.youtube.com/watch?v=ALAYCU6ng8Y

And this one:

https://www.youtube.com/watch?v=rP-aNI7cnH4

But for stills, the RX-100 can work in some instances, as long as you're pretty close.

Some concert stills:

http://sdrv.ms/WiOfzo

http://sdrv.ms/UuvJa5

You can see the poor performance at full zoom in some of the pictures in this series:

http://sdrv.ms/TJESdX

The main thing is you can bring it into venues that you'd never get a DLSR into!