Thanks for starting this thread. I still got 110 cameras, no 110 film.
The digital Pentax 110 may fit my needs. I'm left with a couple of questions:
Sensor size equal to that of canon G12?
OVF and/or EVF?
The only gotcha is that there is no actual aperture control, in the 110 system the aperture opening is in the body. So you will always be at max aperture, unless you make some insert disks with holes (perfect bokeh though ).
Somewhere on the interwebs, people have posted 110 lens samples shot with M 4/3, but I don't remember where. Some at getdpi.com have used it though-
I have huge hopes for this camera. If it has small reasonably collapsible zoom lenses maybe eventually a few fast pancake primes and the IQ of say an LX5 - I'm all over it. Within the next 10 days I will be buying a K-5 and begin working on a collection of 4 lenses I have in mind. I would love to have a smaller Pentax to go with it. I also have noticed that Pentax has not come out with any kind of camera like an LX5 or equivalent - maybe this is it with interchangeable lenses and an EVF.