Today Canon unveiled its new high-end PowerShot S100 compact camera, successor to the popular S95. The S100 uses Canon’s new DIGIC 5 image processor and packs a CMOS sensor (1/1.7″) instead a CCD one. It shoots 12 megapixel images with a 24-120mm (35mm equivalent) f/2.0 lens, can capture RAW files, has a max ISO of 6400, includes GPS functionality, and has a 3-inch LCD screen. The camera is very similar to Canon’s high-end G series (the sensor size is the same), except the S series has a smaller body and leaves out an optical viewfinder. It’ll hit store shelves in early November at a price of $430.