I pulled the trigger 2 years ago on a new NEX 7 with the included 16-55 zoom lens. Although it is a beautiful camera, for me it ended up having two problems. 1) it is too big to be 'handy', and 2) the included 16-55 lens is not very good. To solve the lens problem, I loved at a couple of the Zeiss lenses but I couldn't justify spending that much more money. The first problem is entirely my own doing, so 2 years later I started looking for something much smaller that would take great pictures, and not break the bank. Do you know how sometimes you stumble into something almost too good to be true ? It happens to me once-in-a-while. I found an "open box" RX100 m1 at a local Best Buy in a ziploc bag. No battery, no memory card, no charger, no box, nutin'. After I inspected it and had them power it up with a spare battery, it only had one flaw - the AR coating on the screen was worn on one side - maybe from sliding around ? Who knows. Other than that it was flawless. I came prepared with good arguments, and got them to throw-in a new battery and charger, and walked out the door for $172 + tax. It also included the full warranty. Next day I made a warranty claim to Sony and sent it off for the screen to be repaired. Got it back 10 days later good-as-new. I bought a Sony case, a lens cover, a faset32gb memory card, and a portable charger/battery combo and had almost as much in that as I paid for the camera, but then again, I could splurge.