Seems like the decent prosumer compacts are here with the LX3
The Panasonic LX3's noise handling is significantly improved over the LX2. Noise performance was the single biggest issue with the LX2, its Achilles heel. On the Panasonic LX3, we've had a change of image processors but the detail and color the LX2 captured at ISO 200 is roughly equivalent to ISO 800 on the LX3. In both cases, that's about where the detail starts to fall apart, although it's still quite acceptable. If ISO 400 was the LX2's limit, ISO 800 is the LX3's, with ISO
It has a fast lense with little zoom 24-60mm equivalent. F/2-F2.8 which is awesome. It has a bigger 1/1.6" sensor. It also shoots Raw.The Online Photographer: Canon G10 Review
Canon has done something amazing with all those pixels it crammed into that small sensor. In a well lit, well exposed photo taken at low ISO, the image quality is so good that I was caught off guard. I kept checking to make sure I was looking at the photos from the G10 and not my 5D or 1Ds. The images have plenty of detail, nice saturation, and definite "cropability."