I assume that this button is going to lower the f-stop as opposed to doing software blurring, which isn't even possible to do well automatically on a full desktop with Photoshop!
This was the most interesting figure to me:
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because it shows that the display is going to use swipe gestures to control parameters. I've been thinking about that possibility quite a bit. The iPhone has sort of re-defined my GUI expectations for small screens. I want to be able to swipe my finger horizontally across my G1 LCD and have that swipe away the live view and bring up large slidable tabs for ISO, etc. This Sony looks to be headed in that direction!
Hi guys, am I right in thinking that the GF1 can do this in its "peripheral defocus mode" and that the E-PL1 can do it too? both by lowering f-stop but in a simpler mode for people moving up to dslrs from compacts?