So thats the question. What do we define a serious compact? How many have taken a basic point and shoot and pushed it to its limits to get excelent images? How many love the idea of the LX3, G11, or even new Samsung TL500? Are mFT cameras serious compacts? Whats the expectation of the quality of these cameras? What compacts or serious compacts over the years have provided satisfying results? I own two compact cameras, a panasonic FZ3 and a Canon A560. I have gotten excelent images with both. The FZ3 IMHO really got the ball rolling on small sensor superzooms(yes, there was the FZ1, but it wasn't as good). The canon A560/A570 both were small compacts that gave users the taste of what a serious compact can do.