According to Photo Rumors, Canon may announce PowerShot G1 X II camera next week. We expect to see 5x zoom lens spanning 24-120mm with F2-3.9 aperture. If it the sensor size will be the same, and the rumored ~$700 price is real (nearly half of Sony RX10), than the camera might extremely attractive option. EVF is optional, so the camera should be very compact.
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