We had to wait two years for Panasonic to revamp the LX3, so when we initially locked eyes with the Panasonic Lumix DMC-LX5, a tidal wave of question marks bombarded our minds. How is this a different camera? Why has hardly anything changed on the outside? However, upon further investigation, it was apparent that nearly all of the LX5's improvements resided under the hood, including AVCHD Lite with full manual video controls, gaggles of Art filters for creative expression, new image processing, and other enticing features. The Panasonic Lumix DMC-LX5 battles the Canon PowerShot G12 and Nikon Coolpix P7000, and we'll tell you that the little LX5 gives both of the aforementioned giants a run for their money.