As you know the Panasonic will not record motion jpeg anymore. But the new info I got says that it can do AVCHD / MP4 movie recording, including MP4 1080@30p (20Mbps), which seems better than AVCHD 1080@60i (17Mbps).

But the bets news I got from two sources says that they tested the image quality of the GX1 and the jpeg high ISO quality is visible better than what you get from any other m43 camera. And one source said it’s actually surprisingly close to the [shoplink 26379]Sony NEX-5n[/shoplink] jpeg quality. Let’s hope this is true because the Sony really shines in that aspect!

Of course every rumor is questionable, and so are mine. But there are some websites saying the GX1 will have a 12 Megapixel sensor. And many readers contacted me to ask me if that is true. I am writing this post to answer you all and to confirm you again that my sources are telling me that it has a 16 Megapixel sensor. And I am 99,999% sure I am right :)

Anyway, it doesn’t matter that much now. The GX1 will be announced on Tuesday 8 November at 6-7am London time. Be sure to be online at 43rumors! I will update you with all news and reviews. And I want to remind you that we now have a new Facebook fanpage (Click here) you should join!

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For Europeans only: New refurbished Olympus cameras are available at [shoplink 22691 ebay]Olympusmarket[/shoplink] like:
[shoplink 26715 ebay]Olympus E-PL1 double lens kit[/shoplink] [shoplink 26712 ebay]Olympus E-PL2 double lens kit[/shoplink] [shoplink 26713 ebay]Olympus E-PL2 with 14-42mm lens[/shoplink] [shoplink 26714 ebay]Another (black) Olympus E-PL2 double lens kit[/shoplink]

Before you read this. The rumor is based on non proved facts. I received that anonymous tip and have no way to double check it. So take it easy! It’s quite “strange” but I post it anyway. Here is the text of the rumor:
“Well, the OlympusDrama is taking a new dimension in Wall Street, here is a strong rumors about a requirement for Samsung Medical Device Development (a Samsung Electronic Division) to an evaluation company about the Olympus Medical Devices unit. Samsung could be looking for the opportunity to buy a good bunch of stocks.”
Just my tow cent on this: Although the rumor is talking about the interest from Samsung about the medical part of Olympus also the camera division could interest them. Samsung is heavily investing in their mirrorless system and an Olympus acquisition would help them to gain lot of technical skills and historical experience.

Back to real news:

Mr. Noda (prime minister of Japan) said that the allegations surrounding Olympus may be taken as indicative of how the whole country operates. And: “What worries me is that it will be a problem if people take the events at this one Japanese company and generalise from that to say Japan is a country that does not follow the rules of capitalism” Source: Techradar.

And the next news is that Olympus president Shuichi Takayama said: “We wish to make a profound apology for all the distress and trouble caused due to the recent series of media reports and fall in stock prices triggered by our recent change in President. The past acquisitions mentioned in the media were handled with the appropriate evaluations and procedures. These transactions were in no way improper and we are setting up an external panel of experts to examine and report on this acquisitions activity…We sincerely hope to conclude this situation as quickly as possible to restore society’s trust in us and to bring reassurance to our customers, business partners, shareholders and employees. Thank you for your continued understanding and support.” (Source: AP).

And MR. Woodford said “Olympus will survive the controversy and is a good business. There’s nothing wrong with the company. So the company will go on“. (Source: AP).

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A reminder: Months ago a rumor from one of my trusted sources said that Samsung offered Four Thirds sensor for Olympus. I still don’t know yet if Olympus will consider that option.

FT1=1-20% chance the rumor is correct
FT2=21-40% chance the rumor is correct
FT3=41-60% chance the rumor is correct
FT4=61-80% chance the rumor is correct
FT5=81-99% chance the rumor is correct

P.S.: The new viewfinder has 1.44k dots and is til-table. I don’t know the price yet. The current Panasonic DMW-LVF2 costs around 150 Euro/Dollars at [shopcountry 26560].

And here are the next “rumors” about the Panasonic GX1. We have been told by tops sources that the camera body will officially be priced at 600 Euro. That’s 200 Euro more than the price of the current [shoplink 23109]Panasonic GF3[/shoplink] and 50 Euro more than the [shoplink 23109]Sony NEX-5n[/shoplink]. But it’s likely that the street price will be a little less than 600 Euro. The GX1 + 14-42mm X lens kit will be priced at 999 Euro. The lens alone costs around 430 Euro and getting the kit would save you 30 Euro. Not that much.

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Be sure to be here on 43rumors.com on November 8! I will follow the announcement live and give you all updates you need. And don’t forget to join us on Twitter and Facebook (new fanpage!).

Links to the new X lenses:
Panasonic 14-42mm X lens [shopcountry 25104].
Panasonic 45-175mm X lens [shopcountry 25103].

Jut woke up and there is the leak of the new Panasonic-GX1 at Mobile01 (Update: Pictures have been removed!). Or click on the thumbnails below to see more full size GX1 images.
It looks more like the [shoplink 14828 ebay]Panasonic GF1[/shoplink] than the [shoplink 26385 ebay]Panasonic LC1[/shoplink]. Actually only the grip reminds me a bit the LC1. I hope sooner or later Panasonic or Olympus will also take a look at the competition, like the [shoplink 19929]Fuji X100[/shoplink] or [shoplink 25396]Sony NEX-7[/shoplink]. I mean, after almost three years you can try to do something else or not? :)
Anyway, for now we know that the camera will be announced on November 8 in Japan. It will come along a new 1.44k dot external viewfinder (tiltable). It has a 16 Megapixel sensor, 12.800 ISO and a 460k LCD screen (non tiltable). It will have a new processing engine no more JPEG motion recording and be slightly smaller than the GF1. Be sure to be here on 43rumors.com on November 8! I will follow the announcement live and give you all updates you need. And don’t forget to join us on Twitter and Facebook (new fanpage!).

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P.S: Thanks to the 32 people sending me the link to mobile01 from 2am to 6am i the night here at Berlin time. I was sleeping and what woke me up was not a sixth sense for a coming rumor but a REAL earthquake here in the middle of the alps!

I am getting some more tidbits about the GX1. There is one important correction. The LCD has 460k dots and not 900k dots! And here are the other small tidbits:
– The GX1 has a metal body
– Panasonic removed the motion-jpeg video format
– The GX1 is a bit smaller than the [shoplink 14828 ebay]Panasonic GF1[/shoplink].

I repeat that the GX1 will be announced on November 8 in Japan (and not on October 28 like other rumors website said).

P.S.: I had to create a new Facebook 43rumors fanpage because my old 43rumors account have been closed. The new Facebook policy wants me to create a fanpage instead of a private account with fake anme (43rumors). Hope you will join the new site!!!