At first glance Sony’s new RX100 looks to be a seriously overpriced P&S that got swept up in the marketing gimmick of more mega pixels is more better (bad grammar intentional). When you look a bit closer and realize that the 20MP is achieved on a 1″ sensor, significantly larger than current pocket-able cameras, you have a much more interesting camera on your hands. I think for most it will come down to whether they want simple to operate, no thinking about switching lenses camera that can actually fit in their pocket. The nearest competitors are the Canon S100 ($375) with a much smaller sensor or the Canon G1x ($790) with a larger sensor but not easily pocketable, unless you are the baggy cargo pants wearing kinda person.
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