Another entrant has entered the Micro Four Thirds ring, and it’s Panasonic delivering the Lumix DMC-G2 — a new shooter with similar still performance but, this time, some rather nice enhancements, the most major being a three-inch articulating touchscreen. You can control some aspects of the camera with a touch, perhaps most useful being tap-to-focus augmented by the camera keeping focus on whatever you tapped on, even if it moves around. But, a full suite of physical buttons and dials still await your fingers, enabling you to tweak settings without fiddling with menus. The 720p video recording now supports AVCHD, giving your SDHC or SDXC memory card a break, and there’s an input for an optional stereo mic. Ultimately still performance here is said to be identical to Panasonic’s more budget-minded DMC-G10, which clocks in $200 cheaper than the G2′s MSRP of $799, but lacks 720p video and the fancy touchscreen. Worth the extra cost? That depends on how deep your pockets are.

Panasonic has the news day all to itself with its newfangled pair of Micro Four Thirds shooters, and in case you were wondering — yeah, this is the exact same duo that we saw slip out on Friday. Up first is the Lumix DMC-G2, which looks an awful lot like the G1 it replaces and is touted as the first interchangable lens system camera with touch-control shooting. Granted, we haven’t exactly warmed to the idea of using a touchpanel to fire off a shot, but hey, it is what it is. Other specs include a 12.1 megapixel Live MOS sensor, Venus Engine HD II technology, a 3-inch rear LCD and a 720p (AVCHD Lite) movie mode, though curiously enough a price and release date eludes us. Moving on, there’s the DMC-G10, which is supposedly the “world’s lightest” interchangeable lens camera with a viewfinder; this one packs the same 12.1 megapixel sensor and Venus Engine HD II as on the G2, but the 3-inch LCD lacks tilt / swivel / touch options. We’re still waiting on pricing for this one as well, but now is as good a time as any to mention that both fully support those obnoxiously expensive SDXC cards. Huzzah!