Just picked one of these up at the airport on the way through. They have been going for around £350 for the GX1 body and 14-42mm Vario lens, or £330 with the standard 14-42mm lens. Originally an £800 kit, the discount is because Panasonic is clearing inventory to make way for the GX7, which looks amazing by the way. Far from 2.5x the price amazing however.
The Sony RX100 and Fuji X100S were also on my radar. The RX100 is a great camera and much more compact than the GX1, but it has a much smaller sensor and is still twice the price at around £600. The only snag is that I’m going to have to spend another £200 on a prime to exceed the low-light performance of the RX100, but the result is a more capable kit, and it’s still £100 cheaper!
I also made the mistake of handling the Fuji X100S. It was a mistake because it almost cost me £900, but I quickly realised this and put it down before I could get more attached! That is one sexy piece of kit, and is in a different league IQ and interface wise. I would LOVE one, but at nearly £1000 (!), it’s hard to justify with the GX1 being such a bargain.
The GX1 won’t replace my SLR (no affordable wide angle lens), or my old Canon S90 (not quite pocketable). But it is much much less of a burden to carry than an SLR, will go many places the SLR wouldn’t. I shall be putting it to good use while in Amsterdam!