The Panasonic Lumix FX700 is a 14.1MP point and shoot camera with a 5x optical zoom lens (24-120mm equivalent).  the FX700 features a 3-inch touchscreen LCD and can capture HD video in AVCHD format.  The FX700 should be available in August 2010 at an initial retail price of $399.95.  Check availability on Amazon.com.

More details in the press release below. [Read more…]