A few days ago, Panasonic unveiled what they’re calling the ‘world’s smallest’ D-SLR, the Lumix DMC-G1.  The ‘G’, as one Panasonic rep referred to it, weighs just 385 grams thanks to the elimination of an internal mirror structure.  I don’t know camera optics, but they’ve use a ‘Micro Four Thirds System standard’, and not only does this achieve a lighter camera, but a smaller one as well, about half the size of traditional D-SLRs. The 12.1 megapixel camera will ship with the Lumix G Vario 14-45mm/F3.5-5.6 ASPH/MEGA O.I.S lens in addition to its 3-inch LCD that features a built-in eye sensor that will shut off the display when not being viewed.

The Lumix DMC-G1 comes in blue, red and black and will ship sometime in November for a currently undisclosed amount.

Full press release here