Samsung confirms the rumors today – their TL500 advanced compact camera launches with a feature set designed to take on advanced compacts like the Panasonic LX3 and Canon G11. It debuts with a fast f/1.8 24mm wide angle lens, full manual shooting controls, and a swiveling 3.0 inch LCD.

The whole package starts at a retail price $50 cheaper than the G11 and LX3. Will a brighter lens and reduced MSRP be enough to lure customers away from Canon and Panasonic?

Source: Digital Camera Reviews

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