Canon Announces the G12 and SX30IS
A week after their rival Nikon unveiled their P7000 compact camera for prosumers, Canon is firing back with their newly announced G12. The cameras are pretty similar actually -- the G12 has a 10 megapixel sensor, 5x lens, 2.8 inch swiveling LCD screen, a special HDR mode, and (most importantly) 720p HD video recording. It arrives in the beginning of October for $500.