The Lumix DMC-L1 is an intriguing product, and a good first digital SLR for Panasonic. It offers a lot of features, some of which are quite unique, though some of its frustrations (namely noise at high ISOs, so-so image processing, and poor ergonomics) really stick with you. The biggest problem I have with the L1 is its price: no matter how nice the lens is (and it IS nice), $1700 is a steep price to pay for a 7.5 Megapixel camera that’s far from perfect.