I have been happily using my EPL-1 and recently acquired panasonic 20. I didn't realize I was missing anything. I had always wondered about the LX3 but never picked one up because I had a decent investment in my m43 gear and frankly the LX3 was just too pricey for something I just wanted to play around with. Well, the introduction of the LX5 brought the inevitable dumping of the old in a rush to buy the new so the market was flooded with nice. low mileage LX3's. I got one cheap and started to experiment. Now I find myself in the unusual position of preferring the LX3 to my m43 gear. IQ be damned, I am having a freaking BLAST with the LX3 and despite having a Panny 20/1.7 and soon a 14-45 to play with (along with a few really nice legacy lenses like a Pen-F 40/1.4 and 100/3.5) I am much more interested in the LX3. What is it about the LX3 (and other serious compacts)? Is it the go anywhere-ness? Is it the fact that you can go from macro to telephoto with the flick of a switch instead of the change of a lens? My EPL-1 is a better camera in every way. I have some great lenses, I have a VF2, I SHOULD prefer the EPL-1 but the LX3 is more fun than nine holes of naked mini-golf and jello shooters. I'll probably wake up one day with a shiny new LX5+EVF in bed next to me and not remember how it got there or why it's wearing my undershirt. What gives?