http://www.sony.net/Products/ilc/E-seri ... res01.html
EVIL APS-C compact with lens IS. New mount. One normal pancake prime and one mid-range zoom. A superzoom will be released shortly.
I, for one, can't wait for the competition to heat up here. I dig my DSLR but there's clearly a lot of utility to be had in a large sensor compact. $500 is a bit steep, but once these things get down to $350 or so it'll be hard for me to resist.