New Release Fujifilm X-M1 ILC Digital Camera - Updated

Fujifilm has released their new Fujifilm X-M1 Interchangeable Lens Compact Digital Camera, which promises the quality of a Digital SLR in a compact body.
It features a large APS-C size 16 Megapixel "X-Trans CMOS" sensor and "EXR PROCESSOR II" in order to offer impressive color reproduction and high resolution.

The most important with Fuji X series cameras is the X-Trans CMOS sensor, which incorporates an original color filter array with a highly random pattern, eliminating the need for an optical low-pass filter (OLPF). OLPF filters are used in most DSLR systems to inhibit moiré at the expense of resolution. The X-Trans CMOS sensor array lets the sensor capture unfiltered light from the lens, achieving an unprecedented level of resolution.

Fujifilm X-M1 Feature Highlights

• Extremely high quality images, Super fast AF, Crisp and clean low light shooting
• 16.3 MP APS-C CMOS X-Trans Sensor
• EXR Processor II
• Exceptionally low noise even at high sensitivity.
• 0.5 sec Start up time and 0.05 sec shutter lag.
• 5.6 Fps High speed continues shooting.
• 3" Tilting Screen/ 920k Dot LCD
• WiFi / Fn button for wireless communication and quick access of user functions.
• Q Quick manu access button.
• Artistic Filters
• Built in auto bracketing functions
• Hot Shoe and Built-in flash
• Fully manual and easy automatic operation with advanced SR Auto.
• New Fuji XC 16-50mm F3.5-5.6 OIS Lens (2.5 stop OIS) 24-76mm Equivalent

Fujifilm X-M1 will be available in three body color versions, black with black (synthetic) leather trims, silver with black leather trims and silver with brown leather trims.

Update: August 2013
Price & Availability:
Fujifilm X-M1 black with XC 16-50mm F3.5-5.6 OIS Lens is available from Amazon or from eBay

Relevant Links:
Fujifilm X-M1 Specifications at Fujifilm.com (Discontinued)
Fujifilm X-M1 Brochure (pdf) (Discontinued)