Sony in Japan has announced the NEX3 and NEX5 ultra-compact DSLRs with interchangeable lenses. The NEX3 does 720p/30 fps, while the NEX5 does AVCHD 1080i video. [Engadget says i? Hmm, that's kind of odd]. Price about $640 with a lens, and availability (in Japan) in June.
No word on stabilization, but that flip out LCD panel looks intriguing.
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