A lot of specs and details are readily available on-line, but as a former LX-3 user and a current D-Lux 4 owner, I'd like to highlight a few notable changes for those looking to upgrade:
- The LX-5 sensor appears to be the same size as the LX-3 but Panasonic claims improvement on sensitivity, saturation (as if they needed more saturation), and dynamic range
- The joystick has been replaced with a clickable wheel, similar to its GF-1.
- LX-5 zoom is now up to 90mm/f3.3, up from LX-3's 60mm/f2.8, with matching aperture over the shared focal length
- "Presets" focal length (Step Zoom) at 24mm, 28mm, 35mm, 70mm, and 90mm is a nice touch for a compact camera
- Ability to add either EVF (Electronic Viewfinder - shared with GF-1) or optical viewfinder
- Revised external casing with improved grip
- The rear LCD claims to have backlight LED which improves the viewing but size and resolution remain the same as the one on LX-3
- AVCHD movie recording and the ability to manually set shutter speed and aperture
- Panasonic claims a faster start-up speed, and a faster AF over the previous model
So far I have not seen any 'production samples' of the LX-5 posted anywhere. The samples shown on dpreview.com are 'pre-production' and are all shot at ISO80. One of the most desirable improvement, for me, is the noise in higher ISO. Not much has been mentioned about the higher ISO performance, so it remains to be seen from the actual production samples how it performs. The camera has an attractive MSRP at $499.95. It remains to be seen a) how long does the Thai Panasonic take to import, and b) how much they are going to mark it up.