And now a word from the competition... Sony Japan has provided additional information regarding seven lenses under development for the Sony NEX system: The lenses: Carl Zeiss 24mm f/1.7* lens (available 2011) 55-200mm f/4-5.6* telephoto zoom lens (available 2011) 30mm f/3.5* macro lens (available 2011) 50mm f/1.8* portrait lens (available 2011) High performance G standard zoom lens (available 2012) Wide zoom lens (available 2012) Medium telephoto lens (available 2012) With normal, telephoto, macro, and portrait lenses slated for release this year, Sony is looking to rapidly erode the Micro Four Thirds lead in lens coverage. If they can beat Micro 4/3 to the release of a portrait lens, that would be a strong statement. Notably absent, however, are any pancake lenses amongst the Sony roadmap for 2011-12. How important are pancake lenses to you? Source: Sony Japan (Google translated) via DPR forums via 1001 Noisy Cameras *Sony released only the focal length. Rumored f-stop ranges provided by Mirrorless Rumors.