Panasonic will launch new compact cameras on July 21. The most advanced compact camera will be the Panasonic LX5.
For those of you interested in FourThirds and MicroFourThirds only: Panasonic made a very advanced new sensor for the LX5. It is very likely that some of those new features will be inside the new FourThirds sensor.
Say bye bye to the gloriuos Panasonic LX3!