What's going to happen to the G1X now that EOS-M is launched?

Posted by billyandika on July 23, 2012 05:52 am 6

Canon just launched it's EF-M mount mirrorless camera, the EOS-M.

One thing I noticed is that the price of both the G1X and the EOS-M is $799.

A quick comparison:

• The EOS-M has an APS-C sensor larger than that of the G1X and the lens is interchangeable
• It has a higher resolution (18mp vs 14.3mp)
• It has a higher max ISO (25600 vs 12800), though I'm pretty sure images are not really usable at this level
• It has a higher continuous drive (4.3 fps vs 1.9 fps)
• Both can shoot RAW
• The EOS-M can shoot 1080p30 and 720p60 while the G1X shoots 1080p24 and 720p30
• The G1X has a built in flash and the EOS-M requires the separate purchase of a flash unit.
• The G1X has a flip-out screen.
• The G1X has physical dials, but the touchscreen in the EOS-M makes up for the lack of it.

This is starting to sound like a fallacious statement on how the EOS-M seems to be better. But somehow it all seems to point to the one idea that the EOS-M is significantly better than the G1X. So, my question is, why did Canon decide to price both cameras at the same amount? Is the G1X just a proof-of-concept and likely to be phased out soon? Specs-wise, it sounds like any sales of the G1X is going to be affected pretty significantly by the EOS-M.