Back in March, Björn Utpott previewed the Panasonic FX500 for us, referring to it as "Quite a Serious Ultra Compact."  PhotographyBLOG has published their review of the FX500, excerpted below:

The new Panasonic Lumix DMC-FX500 bucks the trend of most 2008 cameras. Instead of building on an already proven design and incorporating a few bright ideas that enhance rather than revolutionize, the FX500 takes the FX-series by the scruff of the neck and makes some significant changes.