Panasonic Lumix GM1 is an interchangeable mirrorless camera that is pocketable enough to replace high-end compact camera. In spite of its ultra-compact size, Panasonic has managed to cram a 16 megapixel Micro Four Thirds sensor in a beautiful looking retro-styled aluminium body. Lumix GM1 includes a three-inch touchscreen, pop-up flash and built-in Wi-Fi. A new 12-32mm f/3.5-5.6 kit lens is created to match the small size of the camera. Lumix GM1 costs USD $750 with the 12-32mm kit lens.