For those who have the money to spend on an SLR but do not want to carry around a bulky camera there is completely new segment of cameras in the market. One of them is the  Panasonic Lumix GX1 which costs $700. It sports a black or silver body, a 16 megapixel Live MOS sensor, the Venus Engine image processor for full-size shooting at 4.2fps, impressive low-light chops with ISO to 12,800, “Light Speed” autofocus as quick as 0.09 seconds, 1080p video recording, and a host of large number of controls making it a hit with advanced shooters.
