Canon recently announced their first product in the mirrorless camera category called the EOS M. The camera has an18.0 Megapixel CMOS (APS-C) sensor with Digic 5 Image processor. It is very similar to Canon's entry level DSLR, the T4i but without the mirror thus allowing for a small compact body. The EOS M has less control buttons and comes with a touch screen lcd. Those with a Canon lens collection will be excited to know that if they choose to go compact, they will be able to use their EF and EF-S lens with the available mount adapter.
The camera will retail for $799
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