My impulse buy price point for something like this is $250, so I won't be getting one anytime soon.

The samples I've looked at -- m43 high ISO is still better and/or less NR at high ISO. The RX100 looks very good to 400 and even 800. But especially compared to the newest m43 cameras, it's not as good at high ISO, or more precisely there's more smearing. BUT for what it is? It's size? It's fantastic.

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EM5; 9-18, PL25, 100-300 and some others.
(also, 6D + RX100)

It will be much better and not only better , cameras like EPM1 and GF3 are not that bigger and with 20 mm 1.7 they are quite pocketable. Now another question is how small camera do u want? I am uncomfortable with small bodies and there are many like me . It's just a point and shoot and I am happy that Sony has raised the bar. Even Panasonic Gx1 with 14 mm 2.5 will cost u same so why u would compromise on a P& S ?Nikon1 was supposed to be MFT killer but has eventually flopped . Sony RX100 looks a very well balanced product but far away from killing MFT.If it sells around USD 399-499 , I will buy one to keep in car glove box and that's it.
Cheers
Bhupinder

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OMD Silver with battery Grip
Olympus 45mm 1.8
Panny 20mm 1.7
Olympus 4/314-54mm MrkII,
Fuji X100 Black LE

Exactly .. You can see that above ISO 800 it's starts deteriorating fastly. It's little fun camera but I would buy NEX F3 with 16 mm or PM1 with panny 20 mm 1.7 over it anyway. It will kill Canon S series , Panny LX series and possibly Nikon 1 series rather than MFT.. Long live the King ...OMD lol
Cheers
Bhupinder

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OMD Silver with battery Grip
Olympus 45mm 1.8
Panny 20mm 1.7
Olympus 4/314-54mm MrkII,
Fuji X100 Black LE

That limit definitely will keep you out of trouble! Why, you can't even buy a grip for a certain popular camera... ;-)

For me, it's not an impulse buy decision, it's about where I want to go with my picture-taking. I'm beginning to assign more and more value to portability, particularly if I don't have to take a big hit in image quality to achieve it. The "sweet spot" for me is gravitating toward the "mini" end, with the Ricoh GRD and Canon S90/95/100 being representatives of my "right" size. That excludes any and all μ43 gear as candidates for a carry-everywhere kit. I'm not saying the RX100 is a better camera; it just may fit my needs better than any others in the enthusiast/μ43 world today.

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Chuck

Comparing a P&S fixed lens camera can never be a killer for System camera period.

It's not even a killer cam for the P&S category. That title falls to the camera phone such as the iPhone4 and Samsung.

The biggest concern I see with the RX100 is simply price and a couple of key issues that I think will hold it back.

Major CONS

1. Price, way to high. Should have been in the $475-520 range

2. 1/2000th with a F1.8 at max. Adding ND fiilters to such a cam doesnt in my opinion really make sense. Should have been developed with 1/4000th.

3. ISO Performance seems 2 years behind the times. Anything past ISO 400 it starts too lose DR and Noise becomes apparent from the little I've seen.

That said.. it's on my radar for potentially as a used body depending on how the next gen PENs are announced.

Nice to see the CSC/P&S (OM-D, X100, RX100, Sigma DP2m) are maturing very nicely.

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I was always eyeing a Sigma DP2s but with too many short comings to be my only body. Finally treated myself to proper camera. An Olympus EP-2 with a kit lens. 20mm/1.7 soon to be had, and the addition of a legacy zoom. May still get a used DP2s for landscape photography.. just something about that Fovean look. If anyone has a PS action replicate it, please let me know.

I think a lot of people are responding to the "m4/3 killer" thread title, which is coming across negative on the RX100.

I still think it is a complementary piece of kit to m4/3, definitely not a replacement, unless someone really wants to downsize and can deal with the tradeoffs.

I am excited to see the new round of serious compacts from Ricoh/Pentax, Olympus, Panasonic, Fuji, etc. I would think one or more of these will match the RX100 for stills performance (lens and sensor size are do-able) and maybe they will be a couple bucks cheaper. The only thing that the others may struggle with is the video implementation?

Interesting. I also wondered what the max. aperture was at 50mm+.

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Kyle / E-M5 and E-PM2
Flickr Photostream

HAAhhh Lol
We should ask OP to change it to ..RX100 - An add on MFT Chiller

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OMD Silver with battery Grip
Olympus 45mm 1.8
Panny 20mm 1.7
Olympus 4/314-54mm MrkII,
Fuji X100 Black LE

The restriction on minimum shutter speed at larger apertures is a characteristic of lens-mounted shutters since they need to open and close completely during an exposure.

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Nic
E-M5, GH1
Flickr Photostream
>> Insert quote here <<

I still think this is a hot cam. I personally don't need it, and an in-built ND filter would be da bomb for it, but it would still rock for most shooting. I can't imagine I WON'T own one (or the Canon, Panny or Oly answer to this camera) once prices drop a bit.

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EM5; 9-18, PL25, 100-300 and some others.
(also, 6D + RX100)