Ricoh has today announced the Caplio G3, a three megapixel, three times optical zoom digital camera with SD/MMC storage (and 8 MB of internal storage). The big selling point of the Caplio G3 is (Ricoh's claim) the fastest focusing speed and shutter lag of any digital camera in this class. The G3 will be available in three variations: the base G3 (black, plastic body), G3 model M (black, magnesium body), G3 model S (silver, plastic body, supplied voice software). Personally I think it's a little confusing for Ricoh to choose a product name identical to Canon's well known PowerShot G3.