First Look: Panasonic Lumix LX5 Digital Camera

Panasonic today announced the successor to its high-end LX3 digital camera with the Lumix LX5. The new LX5 has a bright F2.0 24mm wide-angle lens, which minimizes image distortion while also offering a 3.8x optical zoom (equivalent to a 90mm lens). The camera has the same great 10.1 megapixel CCD as the LX3, but brings an expanded dynamic range to the table by increasing saturation and sensitivity.

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The Lumix LX5 also has the Venus Engine FHD image processor which equates to faster performance overall. The LX5 can shoot HD video in the AVCHD Lite format, and includes a Creative Movie mode where you can set shutter speed and aperture manually just like a video-capable digital SLR.

The inside isn’t the only thing that has changed either, the grip is now thicker on the outside making it easier to hold, and the new turn-and-push jog dial allows you to select mode and settings more quickly than before. On the back is a 3.0-inch LCD which is now more visible in conditions in the dark and in bright sunlight.

The Pansonic Lumix DMC-LX5 will be available in late August for $499.95 in black and white models.