As you probably know, I'm on a mission to learn to take insanely great world-class pictures. That requires a camera that's more capable than a typical point & shoot (for lots of reasons, but the biggest being the size of the sensor that actually captures the light).
Well, my buddy Tynan has been on a rant recently about a point & shoot camera that gets close to approximating the abilities of a DSLR, the Sony RX100. In his gear guide, Tynan writes "I could really rave on about this thing forever. For the first time ever, we're talking about a camera that can take "archive quality" shots, and fits in your pocket."
It's not cheap -- it'll set you back about $650, and for the same price you can get the Lumix or a similar Micro 4/3 camera with an interchangeable lens. But if size & portability are the absolute most important things to you, then the RX100 might be a good option.
I haven't tried it myself, but the reviews on Amazon are very positive. If you've tried using it, I'd love to know what you think -- especially as compared to a Micro 4/3 or a DSLR.
If you have another point & shoot you love, that you feel lets you take above-average photos, I'd love to hear about it -- and see some sample pics if possible!