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Comparisons
Canon PowerShot G9 – Currently available for about $440, the G9 has a more extensive zoom and higher resolution, white balance and low light scores. It's less expensive, performed generally better, and can likewise accept external flashes. It even has a built-in optical viewfinder. However, the G9 has a smaller, less pixel-dense LCD and lower scores for dynamic range, video, color and noise scores.
Nikon Coolpix P5100 – The Coolpix is available for under $300, significantly less than the LX3. Once again, we have a camera that outperformed the LX3 in our tests based on resolution, white balance and low light. While the overall look and aesthetic isn't quite as pleasing as the LX3, the P5100’s button system is noticeably simpler. If you want a camera that has a hot shoe and a decent price, you can't overlook the Coolpix.
Panasonic Lumix DMC-TZ3 – The TZ3 provides an interesting comparison to the LX3. It costs less than half as much, doesn't have a hot shoe, and its design is less to our tastes. The TZ3 also has lower resolution, and lacks the high level of customizability of the LX3. Yet it scored on par or better than the LX3 in every test we run, barring video, and has a far wider zoom range. If you don't need the extra attachments, the little fiddly bits, or the sexy retro design, then the TZ3 is inexpensive, takes excellent photos and will give you great bang for your buck.
Samsung NV40 – The NV40 is another budget alternative to the LX3. It's available online for less than $200 and has a slim form factor that will fit in your pocket far more easily than the LX3. It scored noticeably worse than the LX3 in color, manual noise, low light and video tests. However, the NV40 blew the Panasonic away in our resolution, dynamic range and white balance sections. The NV40, however, has an unpleasant user interface that we found extremely annoying, and is one of the few things keeping us from strongly recommending it over the LX3.
Budget Consumers – Coming in at a cool $500 for a compact camera, the LX3 is firmly out of the range of a budget consumer. Those whose eye is on the bottom line would do far better to purchase the Panasonic TZ3 for a fraction of the price.
Manual Control Freaks – Manual control freaks will probably enjoy the multiple customizable white balances, shooting modes, user defined Function button, guide lines and the variety of little controls that you can tweak and fiddle to your heart’s content. It's a camera designed for serious users, and high levels of control are part and parcel of that design.
Pros / Serious Hobbyists – Panasonic bills this camera as "ideal for professional photographers and serious amateurs looking for a compact digital camera that furthers their creative photography." It's obviously designed for people who know what they're doing while shooting, and has the controls and feel that emphasize that. The ability to add an external flash or viewfinder, as well as converter lenses marks it as ideal for those who have the desire for modular extensions and controllability. Even the heaviness of the body is a nod at this market. However, serious camera users will probably balk at the poor test scores, especially in the wake of Panasonic claiming their new sensor would provide excellent low light and dynamic range results.
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Conclusion