No you aren't. Sony RX100 is one of the best 1" sensor options. But people like or dislike ergonomics, menus, etc on cameras, and so it is good to have options. My needs for a "serious" point-and-shoot camera are: RAW capture, as many direct dials, rings, other controls as possible (aperture, shutter speed, zoom, manual focus would all be nice - sometimes I like to shoot manual), ergonomics I like, possibly an EVF.
So, I will be interested in the Panasonics, when I get around to shopping hands on.