The new Canon PowerShot G11 is going to release in October 2009, priced at $500. It has a newly-developed 10 megapixel high-sensitivity sensor supporting ISO 3200 allows it to handle low light situations. It comes with a 2.8-inch vari-angle LCD, a 5x optical zoom lens with optical stabilization, RAW + JPG, a hotshoe for external flashes and other accessories, a DIGIC 4 processor for speedy performance, and more.

[via Uncrate]