Sony DSC-RX100

DPReview: 20MP 1-inch Exmor CMOS image sensor, 3-inch WhiteMagic 640×RGBW×480 LCD, 1080/60p MP4, 10fps continuous shooting, US$650.

Update 2012.06.28: David Pogue:

This is a review of the best pocket camera ever made.

Update 2012.07.27: Low light performance is one of the most important metrics for me. So I was glad to see the RX100 is no slouch here. Sam Byford, The Verge:

ISO performance is particularly impressive given the 20-megapixel sensor, and the Zeiss lens manages to keep up admirably. When it comes to low-light performance there’s simply no competition from any other camera this size.

I will wait for DPReview’s full review to be absolutely sure, but the RX100 at the moment is the point-and-shoot to get:

It’s really no exaggeration to say that it produces images roughly on par with an average DSLR and kit lens combination, making this a revolutionary camera that means you’ll always be in a situation where you can take genuinely high quality pictures.

Update 2012.09.27: DPReview’s full review of the RX100 is out:

The RX100 is probably the most capable compact camera on the market today, combining the image quality benefits of a mid-sized sensor with the proportions of a conventional compact. Extensive, though not flawless, manual controls make the RX100 a great second camera for DSLR shooters.

I’d say the RX100 makes a great first and only camera for a lot of folks.