The one part I disagree with is just the idea that it's impossible to make a g12 with a somewhat bigger sensor but the same body size.
Body is not the problem. Lenses are demanding the size they demand.
There is a certain minimum size that a lens probably has to be, but you can't tell it's not possible to put a lens that's
bigger than necessary on a camera, right?
Judging from both the s95 and the p7000, both of which use the same sensor, it appears to me that the g12 - specifically the g12, not talking about other cameras - is a large bodied camera, and the lens they've decided to put on it is not the smallest lens possible for it's combination of lens and sensor size. There is a limit - I don't think the g12's lens size is at that limit.
So from the other cameras available that use the same sensor, it appears to me that on the g12 specifically, there is room for something more from the lens - maybe a sensor that's bigger than is currently on there but smaller than a dslr, or maybe better aperture values, or maybe better zoom - without increasing the size of the camera.
I just cannot believe that while the s95 can use the same sensor and be half the size, and that p7000 can be the same size and have significantly more zoom, and yet the g12 has the smallest lens possible for it's sensor size.
The image circle must be covered and the larger the sensor the larger lenses are needed.
BTW, what do you mean by somewhat bigger sensor ?
I've seen graphics of the size difference between the sensor that is in compact cameras, dslr's, full frame dslr's, etc and the physical size difference is rather large, there's room for a sensor size in between. I'm not "demanding" it, I'm not insisting on it, just saying if you could put a little bigger sensor in there and get a half stop better low light performance I would certainly be interested in seeing that.