Panasonic has just launched the Lumix DMC-GM5 targeted at shooters who want high performance with a form factor that's about as small as you can make an interchangeable lens, Micro Four Thirds camera. To remind you (Panasonic has a dizzying array of MFT cameras that even confuses us), the GM5 is the successor to the GM1, the company's smallest form-factor ILC model. It's roughly the size of a pack of cards, and weights about 0.62 pounds including a battery and lens. Specs remain similar to the GM1, with a 16-megapixel sensor, 1080p/60fps video, a max ISO of 25,600, a 1/16,000 shutter speed and a new "snap movie mode," that allows photos and video to be taken at the same time. The other new toy is a 1,166K-dot live viewfinder (LVF) with a 100 percent FOV and full color reproduction. Ironically, most of those specs (other than the pixel count) are lower than Panasonic's LX100, a new compact, fixed lens MFT model also introduced today.