Shockingly, no. They say that it's a camera that can take video from which you can extract photographs.
Heh heh. That really does look like the real standout feature with this camera. I'm sure it's a fine stills camera too, but I find the idea of being able to extract really good stills from video really compelling. Probably not for me - I just don't think I'd ever actually shoot anything that way - but it has loads of potential...
Dpreview also posted their first impressions:
If anyone had told me a few years ago that a compact zoom camera could look like this ( http://www.dpreview.com/previews/panasonic-lumix-dmc-lx100/samples/experience/P9610123-acr.jpg ) at ISO12,800 I'd have laughed them out of the room.
Why aren't more folks thinking of it in comparison to the Canon GX1 mk II? 24-120mm equivalent F2-3.9 for the Canon, larger sensor. EVF is external, but flash and touchscreen are built in. Marginally bigger, which may be a plus for handling.
That extra reach would be a big plus for me. I have to weigh that against the positives of the LX100 though - internal EVF, fast focusing, better (for me) controls.