Here you have it, the world's first micro Four Thirds camera, the Lumix DMC-G1.
ENGADGET: Panasonic's Lumix G1: world's first micro Four Thirds camera
Olympus also introduces an intriguing new lens for its Micro Four Thirds line.
The design is very similar to Blackmagic's larger Cinema Camera launched at last year's NAB, with the same Micro Four Thirds lens mount.
Panasonic has really shown what micro four thirds is all about, with the retro good looks and strong performance of the new Lumix DMC-GF1.
ENGADGET: Panasonic Lumix DMC-GF1 hands-on, with 720p test footage!
The chip is physically larger than what you'll find in a Micro Four Thirds camera, and it's comparable in size to the sensors that ship in many full-size DSLRs.
Both new Olympus PEN cameras share the same 16.1-megapixel High-Speed Live MOS Sensor and new TruePic VI image processing engine as the award-winning, flagship Micro Four Thirds system camera, Olympus OM-D E-M5.
The Polaroid iM1836 camera will also offer consumers the flexibility to explore their creativity with interchangeable lenses, since all existing Micro Four Thirds system lenses will work with the iM1836 with an adapter.
ENGADGET: Polaroid confirms iM1836 mirrorless with Android, adds three more cameras
The newly designed 16.05-megapixel Live MOS Micro Four Thirds Sensor means images will be cleaner than ever, while the incredible processing power of Venus Engine VII FHD maximises the potential of your images and videos.
The autofocus is the standout here, however -- Olympus describes it as being on-par with its PEN Micro Four Thirds models, and as compacts go, it feels just about as speedy as Sony's RX100.
As part of the LUMIX G system, the LUMIX G5 will provide you with access to the world's largest range of Micro Four Thirds lenses and accessories, making sure you have the right set-up to capture every moment.
New lens elements and glass materials ensure the clearest possible imaging performance, and the proven dust and splashproof mechanism originally featured in the Four Thirds SHG (Super High Grade) series lenses is now incorporated for the first time in a Micro Four Thirds System lens.
ENGADGET: Olympus unveils a cavalcade of point and shoot cameras and a PEN lens at CES
We're looking at a revamped but still tiny CX sensor, this time with the resolution bumped up to 14 megapixels (instead of 10) -- a move that likely won't do much for the camera's overall image quality or low light performance relative to APS-C or Micro Four Thirds shooters.
ENGADGET: Nikon 1 V2 mirrorless camera hands-on! (video) Hands-on
Compatible with the Micro Four Thirds System standard, the lightweight LUMIX GH2 is newly designed with an easy-to-hold grip and includes a refined image processing engine and sensor that delivers fast, sharp photos, full HD video recording, and the ability to take 3D photos with Panasonic's new interchangeable 3D lens.
Sony's NEX-3 and NEX-5 cameras certainly boast the features to get any camera nerd excited -- interchangeable lenses in a form factor smaller than Micro Four Thirds but with an image sensor 50% bigger -- but the big question remaining is how they'll actually hold up in use.
ENGADGET: Sony's NEX-3, NEX-5 interchangeable lens cameras get reviewed
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