Panasonic has announced recommended prices and availability for the Lumix DMC-GH1 Micro Four Thirds camera. The camera as a kit with the Lumix G VARIO HD 14-140mm/F4.0-5.8 ASPH/O.I.S. lens will sell for a suggested retail price of $1499.95 in the US. Panasonic Germany reports a recommended price of €1550 though it doesn't specify that includes the lens. It will be made available in both markets from June 2009. The US will only receive the camera in black, while different European countries will have varying options that can include red or and interesting Champagne gold color.

Click here to read the US Press Release