Sony Announce the Cyber-shot DSC-R1

Sony's Cyber-shot DSC-R1, features an APS-C size 10.8 million pixel CMOS sensor with non-removable 24-120 mm equivelant lens. The R1's APS-C size sensor is also unique in that it provides a full-time live view for the camera's electronic viewfinder and LCD monitor. This means that the R1 has a more compact integrated lens and body design than other SLR based Digicams. Read more at DPReview, who have written a decent preview of this nice piece of kit.