Summary: 2 weeks ago bought both Canon S90 and Panasonic LX3. After testing LX3 I found that its white balance is terrible. All people faces have pinky color (!). I tried to use different settings for the white balance as well as all scene modes. Nothing worked. More or less pinkies. LX3 looks great, it has an excellent body construction and ergonomics. Quality of both indoor and outdoor images are better vs. to S90.
Summary: I have lusted after this camera for over a year. If you're looking at it, chances are you probably want something in between a compact camera and a digital SLR. This one has a great lens (wide angle plus no need to use the flash too much), bigger sensor (less noise), and just the right amount of bells and whistles. However, Panasonic has just launched a successor to this camera as of July 21st, 2010. It's available for pre-order now.
Summary: This is a good little camera. I thought long and hard before I gave it only three stars. But, despite it being better than any other compact, I still have lots of criticism. The good: The image quality is very strong. Not as good as the DP1/2, but that camera is a disaster in nearly all other regards. With F/2 and and 400 you'll likely get the indoor shot you need. And when that fails, 800 is tolerable. The LX3 is a zippy performer too.
Summary: This camera isn't for everyone, and after using it for a few months, I'm definitely one of those people whom it isn't for. I bought it to use instead of my DSLR as a more portable camera with lots of manual controls and a good wide angle lens. For the most part, it delivered on that. But I was never really happy with it. It has a lot of manual controls, as well as a surprisingly fast wide-angle Leica lens for a compact camera.
Summary: I want to love this camera. It takes lovely photographs, has an extremely sharp, wide angle lens and is extremely light and portable. But I was one of the ones who bought it for it's HD movie-shooting capabilities and I am a bit disappointed for the following reasons: 1) the aperture freaks out when you are panning over different lighting conditions.
Pros: Bright LCD, Easy Setup, Great Picture Quality, Strong Construction
Cons: Confusing menu, Movie aperture problem, Poor jpeg compression
Summary: I really want to keep this camera, because the image quality is so good, and wide angle is heavenly. However, after some use, I found that I need a little bit more reach too often. For a general purpose pocket camera, 24mm X 2.5 zoom is way too little. 3.5X could have been acceptable. And I was very disappointed by the huge video file size. It uses Quick Time JPEG motion, which is an outdated technology. And when you take HD video, the file size is ridiculously immense.