Pixman 63,
As far as I can tell, the camera has exactly the same guts as the Leica. The leica has all metal casing, a better warranty, and twice the sales price.
Jpeg only, along with the inferior MD memory do concern me, but I can probably live with it.
If your friend's budget had been higher, would he have spent $820 US on this camera, as opposed to a canon G5 or an S50 which each have 5 megapixels? Is his camera that good?
Thanks