According to Phil, the L1 and L10 came with extraordinary kit lenses: "designed in collaboration with Leica and featuring Panasonic's much lauded MEGA OIS stabilization system these are not 'cheap' zooms at all; each accounts for the best part of half the price of the kit."Panasonic seems to price higher than Olympus. Look at the L1 and L10
pricing compared to the Oly E-520, it's about 2:1. Or the LX3
compared to a Canon G10.
I think it's fair to say they were both aimed at the semi-pro Canon 30D/40D market, rather than the entry level Canon 400D/OlyE5xx price point.
I dunno about other places, but here the LX3 and G10 are within a few $$.
SLR mirror technology is relatively inexpensive. Entry level AF film SLRs were hitting the $300 price point a few years back. That's why they killed almost everything else in the mass market except the cheapest P&S. cheers, gklI know you're equating the higher price of the G1 to the fact it has
a different viewfinder, but there are lots of other reasons the
pricing may be higher.