The new Panasonic LX5 was announced today and it's basically the same camera with a better lens and "same" 10mp sensor as the LX3. It's a nice little camera that is meant to go head to head with the canon G11 series and the Nikon P6000 series.
Nikon has already officially said they have a canon G11 "killer" in the works (P7000?) but are these type of high priced point & shoots still relevant in the wake of EVIL cameras like the NEX and PEN? Many had hoped that the LX5 would "move up" to a m4/3rd sensor but it didn't.
So if Nikon's G11 "killer" is "just" another P6000 would you pay over $500 for it? Although the base NEX and PEN cameras are still more expensive they aren't THAT much more expensive and for the price difference you get a lot better image quality and versatility. Especially with the NEX and it's "huge" APS-C sensor.