It's probably one of the smallest high quality camera around, but the Panasonic Lumix GM1 Micro Four Thirds camera is one of the coolest.
The 'Micro Four Thirds' bit is really a technical way of saying SLR-type imagery, but without the bulk. we love the retro styling of this thing, but we're even happier than it can slip into a pocket or bag easily for a night or day out.
If you want more detail, we can tell you that it packs a Digital Live MOS Sensor, shooting 16-megapixel stills and 1080p video recordings. It also has ISO 25,600 sensitivity and fast autofocusing to enhance those shots even more. When you have taken your best shots, the Wi-Fi on board can share with a phone – or you can check out you work on the 3-inch touch LCD on the rear.
It works with the Lumix G lens range and is likely to sell for under £500 with the new 12-32mm f/3.5-5.6 lens.
As a footnote, Lomography has started to produce quirky lenses for vintage-style effects for Micro Four Thirds cameras. You can find out about them here.