fastlass: re price:I think that a lot of people fail to realize that $500-$1000 for a camera isn't that much money for a big portion of the market. Then tell these folks that the new breed of compacts is, for all intents and purposes, as good as the 4+ year old DSLRs they bought in the later aughts, but smaller and more stylish, and you have a pretty good sized TAM.
They replace a DSLR perfectly for "general purpose" photographers. Which is what probably 95% of camera buyers are.
peevee1: "Why the death of the point and shoot"
Rumors of their death are greatly exaggerated. Fixed-lens cameras still sell many times the number of ILCs. And excellent products like RX10, FZ1000, LX100 and G7X will only reinforce this advantage.
They still sell twice as many compacts, but the margins are extremely poor. That's why they are making more premium models to get profit margin back up.
You used to pay $250-400 for a good, middle of the road compact. Now it's $100-200 tops. And they are having to put ever more complex massive zooms in them and wifi to get them to sell at all.
bauerman: Looks like a nice pat on the back to Fuji for camera design from Panasonic...to me.
Panasonic actually mentioned the LC1 in the product launch material. That's the only reason it came to mind, as I had long forgotten that camera. Panasonic is copying their own Leica co-designed stuff from a decade ago, not Fuji. And of course we all know Fuji is just making cheaper Leica clones, anyway, so if you want to give design credit, it's to German companies and their original rangefinder designs.
Rexyinc: missed opportunity? or will this be an expensive add-on later?
they should of put a couple high powered 3w LEDs for a video light on that flashy unit :) - Then I would bother to carry it around :)
... just saying.. oh hey what's on kick starter these days?
Shoe mounted LED just blind people in your videos.
Uh, no. See the Panasonic LC1 from 2004
mosc: I'm noting with this lens/sensor size combination that it's very video focused. It's exactly the size to capture 16:9 8mp 3840x2160 UHD 4K video from a 12mp sensor (standard 4/3 2x crop ratio). This is a 16mp sensor so it actually has to crop a bit to get down to 8mp (26mm focal equivalent instead of 2x10.9mm).
This lens would be just big enough if down the road we have a 24mp 4/3rds sensor and you wanted to capture 6K UHD (5760x3240). Maybe that's down the line for this lens on another body in the Panasonic game plan?
With the multi-aspect sensor it doesn't have to crop to do 16:9.
Michael Doleman: Maybe I'm missing something, but given the price-point, why on Earth would I select this camera over the GM5?
The pancake lens for the GM5 is f3.5-5.6. This one is F1.7-2.8.
The closest m4/3 lens you could put on the GM5 is the 12-35mm f2.8 and it's $1000 alone and is only f2.8 on the long end. In addition it's not anywhere close to a tiny pancake lens.
So $1800 for GM5 and 12-35mm and nowhere near compact, or $900 for this and get a faster lens and a camera the size of a GM5 with a kit zoom.
Boss of Sony: WHY IS THIS CAMERA BIG NEWS? RICOH RELEASED A FULLY POCKETABLE CAMERA WITH AN !!!APS-C!!!! SIZED SENSOR 2 YEARS AGO (RICOH GR). THE ONLY THING THIS PANASONIC HAS OVER THE GR IS THE 4K VIDEO AND AN EVF. WHO CARES? NOBODY HAS 4K TVs. PLUS IT HAS BEEN PROVEN THAT FROM A NORMAL VIEWING DISTANCE, THERE IS NO VISIBLE DIFFERENCE BETWEEN 4K TV AND 1080P TV, so anybody who buys a 4k TV is mad. Most photographers are not interested in taking 4k video anyway, unless they want to make documentaries, in which case, who cares whether you have a pocketable camera or not.
Ricoh had a fairly slow, wide fixed focal length, unexciting design and ergonomics and no viewfinder built in. That's why this is more exciting. This LX100 can really be an all around camera instead of a niche one.
Franco8: This will be awesome on a 4/3 camera hopefully it will happen
standard 4/3? Even Olympus has abandoned that.
AngryCorgi: Only $300 for the red Leica sticker? That's the cheapest I can remember Leica selling their red stickers for. Must be a down economy.
~$150 if you need/want a lightroom license.
Michel Cojan: Don't quite get the 24-75mm equivalent focal lens here: with 4/3 format the multiplication factor (if I remember well) was 2x (i.e. 25mm focal lens = 50mm). Truble is, both Pana LX100 and D-Lux are using a lens specified as 10.9 to 34mm. That would make more like... 22 to 68mm (strict 4/3 sensor format). Anyone has a clue on that? (Other than that they both look quite promising).
It depends how you look at it. Due to the way the sensor is laid out, yes, you end up with a smaller diagonal than regular 4/3, but you may end up with a larger horizontal or vertical. For example, the 16:9 mode would be significantly wider than a 24mm shot on a regular 4:3 sensor. It would maybe have a 2.2x crop diagonal, but it might have a 1.8x crop horizontal FOV. (just example numbers, not actual calculations)
I remember with my LX5 that had a multiaspect sensor, in 16:9 mode the image from the 24mm equiv lens was as wide as if it had been shot on a 21mm lens at 4:3 aspect and then cropped. It's hard to visualize until you've used one of panasonic's multii-aspect sensors.
mpgxsvcd: This camera is so good it is even worth Leica prices. If Panasonic charged Leica prices for the LX100 people would still buy it. Just wait till all of the LX100s sell out instantly. The Leica option will start to become more appealing instead of a 3 month wait for the back ordered LX100s.
I asked my wife (not a gear geek) to guess the price on the LX100 given the specs and she guessed $1500 based off what we'd paid for our SLR+lenses. $900 is a bargain for the lens alone. This is $300 more but includes $150 worth of software so the red badge is only $150 really.
This one surely caught all of us by surprise.....
At least the premium is only 33% this time.
KonstantinosK: Although this must be a great camera, it's also a bit of a let down. I really hoped for a 1" sensor in a more pocketable package to directly compete with the RX100, offer an alternative and help draw the prices down. Now it seems that the RX100 is still left without competition in the pocketable camera segment.
I don't think it is supposed to be competing with the RX100 on size.
This always makes me shake my head at every launch when I see comments like this. Sony already made an RX100 and now Canon made a pretty close clone of it. Why should Panasonic make one too? Wouldn't you rather have different products from different brands so you can pick on differentiators other than purely brand name? I'd rather have the variety. If I want a more compact camera I can pick the new G7X or Sony RX100. If I want a viewfinder, bigger sensor, better controls and grip, then I have this Panasonic. More options are better.
sean lee: Because this is too thick to be pocketable, GM5 is better choice for me.If I need to buy between these two.....
According to Panasonic, the camera has Power OIS
tkbslc: Tough call between this or the RX100 III. Viewfinder and better battery life, or better controls and longer/faster lens.
Agreed. Canon does know how to do video, too, so shame they always seem to skimp on it for cameras. They made it a coin toss instead of a slam dunk.
Mike FL: G7 X is last generation Sony RX100, or last last generation Sony RX100.
Except it has a better lens and controls that the RX100 III, so, no.
A full day and this is only the 4th comment, so I think that says how much excitement there is for this oddity.
Jonathan F/2: Best camera of the show. Period. 1" sensor killer.
Now that we've thrown out any attempt to stay with semi-equivalent comparisons, I say just get an iphone 6. Those are super thin.
VictorR: Guys, can anyone tell me why this camera is so ridiculously heavy? Even full frame Nikon D750 is 20% lighter than this APS-C one ( 910 g vs 750 g) Just because of this factor alone 7D MII looks and feels outdated. Not to mention other ridiculous drawbacks detailed below by many people. It look like this camera was supposed to replace original 7D after two years of its release but for some reason has been released just now.... Shame on Canon for releasing such camera in the end of 2014. Just like someone mentioned below, Canon is not only harming its own brand, but the category of DSLR as itself...
Sensors don't weigh a lot, so not sure what FF has do with anything.
The Canon likely has a much beefier shutter mechanism for 10fps and 1/8000 max shutter speed. Also, the Nikon utilizes Carbon Fiber, although not sure where and how much.