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Just visited the dpreview and found full review of these two compacts, you can visit the following link to read full review http://www.dpreview.com/reviews/SonyNex5Nex3/
I read some parts of review and found that its fairly good camera with excellent image quality. Hand grip of NEX-5 is fine. supplied 18-55 OS lens is quite sharp and if stopped down to 5.6 to 8 performs wonderfully. 16mm.2.8 is sharp in center and if stopped down is excellent at corners too. Flash is external and pocketable can be used anytime at accessory socket. Screen is flipout and tiltable.
NEX-5 and NEX-3 are exactly same in all respects but movie mode and body construction.
NEX-5 gets a slightly smaller magnesium alloy body, an infrared remote receiver and 1080i AVCHD movie recording, but in every other respect they're the same.
Sony has announced their version of Compact Digital SLR, specifications are amazing. HD video is also looking too good. Whats different from Panasonic GF1 of Olympus Pen is that Sony has larger Image Sensor that the 4/3.
So hopefully this Model of Sony will be a game changer? never know ;-) but we photographers are getting more and more luring options.
New α digital cameras with DSLR picture quality and responsive shooting
World’s smallest and lightest interchangeable lens digital camera (NEX-5)
14.2 effective megapixels Exmor™ APS HD CMOS sensor
1080i HD movie recording (NEX-5) with stereo sound, fast and silent autofocus
Intuitive new interface with Help Guide and Shooting Tips
E-mount lens system compatible with α DSLR lenses (with optional Mount Adaptor)
Sweep Panorama with 3D capability
NEX-5 features a tough yet light-weight magnesium body, making it the world’s smallest and lightest interchangeable lens digital camera.
At the heart of both cameras is a newly-developed Exmor™ APS HD CMOS sensor with a resolution of 14.2 effective megapixels.
Also released E 16mm F/2.8 ‘pancake’ lens (SEL16F28)
Both cameras can also capture fast-moving action with a high-speed burst of full-resolution images at up to
7fps (AF/AE fixed from first frame).
Visit DPReview for sample HD Movie and still images here
Panasonic Lumix G 20mm F1.7 ASPH Features & Specifications
Panasonic unveiled a new pancake interchangeable lens called the LUMIX G 20mm / F1.7 ASPH. (35mm camera equivalent: 40mm) as a new member of the LUMIX G Micro System. The new LUMIX G 20mm / F1.7 ASPH. Features a dramatic compactness and light weight despite its F1.7 brightness allowing a beautiful soft focus for photos to be even more impressive.
Comprising of seven lenses in 5 groups, the new lens system uses two aspherical lenses most effectively to minimize both distortion and chromatic aberrations, achieving super high resolution corner to corner. The versatile 20mm of focal distance (Equivalent to 40mm on a 35mm film camera) is suitable for wide variety of occasions from daily snapshots including sceneries like sunsets and dimly lit indoor shots to the deliberately creative shots taking advantage of its beautiful soft focus. When mounted on the LUMIX G Micro System Cameras, the LUMIX G 20mm / F1.7 ASPH. allows use of the advanced contrast AF system, which includes a Face Recognition function, for more convenient, more enjoyable shooting.
Seven blades give the aperture a rounded shape that produces an attractively smooth effect in out-of-focus areas when shooting at larger aperture settings. The new LUMIX G 20mm / F1.7 ASPH. lens also features a highly reliable metal mount, and uses multi-coated lens elements that minimize ghosts and flare to further enhance its optical performance.
Specifications
- LUMIX G 20mm / F1.7 ASPH. (35mm camera equivalent: 40mm)
- Lens Construction 7 elements in 5 groups (2 Aspherical lenses)
- Mount Micro Four Thirds mount
- Aperture F1.7
- Minimum Aperture F16
- Closest Focusing Distance 0.2m / 0.66ft
- Optical Image Stabilizer No
- Focal Length f=20mm (35mm camera equivalent 40mm)
- Aperture Type 7 diaphragm blades / Circular aperture diaphragm
- Maximum magnification Approx. 0.13x / 0.25x (35mm camera equivalent)
- Diagonal Angle of View 57°
- Filter Size φ46mm / 1.81 in
- Max. Diameter φ63mm / 2.48 in
- Overall Length Approx. 25.5mm / 1.00 in (from the tip of the lens to the base side of the lens mount)
- Weight Approx. 100g / 3.53oz
- Standard Accessories Lens Cap, Lens Rear Cap, Lens Storage Bag
