The latest camera, basically to replace the Lumix TZ-1. The Lumix still works fine, but is showing the wear and tear of it usually being in my pocket. Also, I wanted to enhance the capabilities of the point and shoot I have. Next replacement on the list? Probably an E-volt E-520 in the new year. Info and specs can be found at the Olympus website. One of the coolest features is the ability to use either the LCD screen or an electronic viewfinder. Personally, I like having the LCD screen to see the image after you shoot it, but absolutely hate composing the shot from it. The viewfinder allows me to see everything normally on the screen...so actually it provides even more info than the viewfinder on a DSLR. The small screen also saves on battery use.