Meet Lumix DMC-G1 by Panasonic. (smallest and lightest D-SLR camera yet)

The Lumix DMC-G1 camera is based on a new Micro Four Thirds System standard, which completely removes the need for an internal mirror structure like most D-SLR cameras do. This new system standard reduces the camera’s size by half, which means less weight too (385 grams only).

It’s a 12.1 megapixel camera that has several other features including Intelligent Exposure, AF Tracking, Face Detection, Intelligent Scene Selector, Mega O.I.S., Live MOS, My Color Mode, and a HDMI (High Definition Multimedia Interface) output. (I told you it’s a D-SLR camera)

(available in black, red, and blue)

Along it’s features comes available unique lens accessories too (Lumix G Vario 14-45mm/F3.5-5.6 ASPH/MEGA O.I.S. and the new Lumix G Vario 45-200mm/F4-5.6/MEGA O.I.S.). Panasonic has stated that the G1 will come with interchangeable lens in other colors (besides black) to compliment it’s body’s color, and it’s really-cool-gadget qualities.

Panasonic’s DMC-G1 will be available in November 2008, and the company will announce the price in October.