I've long wondered why manufacturers of P&S cameras do not exploit the inherent advantages of the smaller format, using imaginative design to deliver better image quality.
What are the advantages, apart from the obvious size and weight factors? Specifically, tremendous depth of field at wide apertures and fast shutter speeds. But why does everything else have to be slow? Slow autofocussing might be a technological limitation of the small sensor. I'm not sure if this is true, but it might be. However, slow frame rates and limited autobracketing functions have surely nothing to do with the small size of the sensor.
I notice that the recently announced Ricoh CX1 has addressed some of these issues. It has a frame rate of 4 per second (faster than my Canon 5D) and the ability to autobracket 2 different exposures and merge to HDR in-camera to produce a single image with a potential 12 EV of dynamic range. Wow!
It also boasts a feature which should appeal greatly to Bernard Languillier. The CX1 can apparently shoot a rapid 7 shots of any scene with automatic varied focussing. The idea is to enable one to choose the shot with the best and most accurate focussing, but the implications are obvious. One can save all 7 shots and merge with Helicon Focus to produce a staggering DoF. I think Bernard might soon be selling his D3X on ebay. (Just kidding, Bernard ).