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Panasonic Lumix LX5

The battle of SLR-like pocket cams rages on with the Panasonic Lumix LX5 ($500) This high-end point and shoot features a 10.1-megapixel CCD with sensitivity ranging up to ISO 12,800, which is paired with a new f2.0 ultra-wide-angle 24-90mm Leica lens that can shoot in 1:1, 4:3, 3:2, or 16:9 ratios. Other features include a dial with dedicated manual, shutter, aperture, and programmed priority modes, 720p video recording, a 3-inch LCD, and a hotshoe for connecting flashes, view finders, and other unnecessary equipment.