I've always wanted this camera. When the first interchangeable-lens mirrorless cameras hit the market, I jumped on the bandwagon with the Panasonic GF1. With the pancake lens, I got a camera that's great for parties: shallow depth of field, good low-light performance, and a compact size. The compact size was important because people were intimidated by my full-size DSLR; People are afraid to be frank next to a "professional" photographer. However, despite its size, the Panasonic had a fairly noisy sensor, especially when shooting in RAW. I really wanted a camera like this from Canon. I waited and waited and finally gave up. Everyone else announced it, but Canon didn't do it until after everyone else. Nobody bought it. Canon came too late to the market. People have tried comparing mirrorless cameras to full-fledged DSLRs or point-and-shoot cameras. Neither is a mirrorless camera. DSLR users have complained about the slow autofocus, which isn't slow at all until you compare it to a DSLR that has focus points in a prism system. Point and shoot folks complained that they were huge with a zoom lens, and that's true, but zoom lenses are a terrible crutch. In the right use case (party for me), a mirrorless camera is better than a DSLR or point-and-shoot. Unfortunately, most people don't understand that. The camera itself is well thought out and well made. Functionally, it's a T4i in a mirrorless form factor. Same sensor, same UI, same features, same video capabilities, etc. Smaller, no built-in flash, different (slower) autofocus, no viewfinder, and different lens mount. With a 22mm f/2.0 lens, the camera is quite compact. However, it is much more durable than point-n-shoot. And with a much larger image sensor, it delivers a shallow depth of field you'll never get with point-and-shoot shooting. It essentially creates DSLR photos from a point-and-shoot-sized camera body. The image sensor is louder than my Canon 5D Mark II's sensor, but much, much cleaner than my Panasonic GF1. And the autofocus is faster than my GF1.
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