Olympus XZ-1
Olympus XZ-1
Price: $500
Weight: 9.7 ounces

What's great: Like the Nikon the Olympus has a 1.8 aperture, but it also has a better sensor and other electronics inside.

Plus, the XZ-1 has more manual control settings and creative extras, such as an outlet for an external flash.

What's not: High-def video can be dark in low lighting. It also feels a bit portly, and its lens cap pops off easily and can quickly be lost.

Bottom line: The Olympus is the best in class for the serious amateur photographer, but it's got a steep price tag too.

Last updated May 11 2011: 4:00 PM ET
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