Steve Digicam’s reports that a new firmware update (version 1.2) has been published. He says following features will be added “picture orientation: Horizontal/Vertical, to the camera menu. The camera will record which way the image was oriented when captured, so in playback, the orientation of an image can be rotated by using the control ring. The desired orientation is then saved in the Exif portion of the image file. Photographers can choose to turn this function on or leave it off.”
Olympus Japan doesn’t list the new firmware. Maybe Steve published the news to early :)
P.S.: There is a $7 price drop on the XZ-1 on Amazon (Click here).