Leica V-Lux 30 looks nice, but don't look at the price

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Leica's V-Lux 30 has a Vario-Elmar 16x zoom 24-384mm-equivalent lens, 1080i AVCHD video recording, a 3" touchscreen display, and integrated GPS. Out in June, it will be $750 and comes with Adobe Elements 9. The practically-identical but physically repulsive Panasonic Lumix DMC-ZS10—God, even looking at it makes me want to vomit— is $400. [Leica]