Samsung wowed us back in June when it officially announced the Galaxy NX, an interchangeable lens camera powered by Android. Today, the electronics giant is announcing that the Galaxy NX will be available for purchase in October for $1,599 (or $1,699 if you want it with an 18-55mm zoom lens). That princely sum will get you a 20.3-megapixel APS-C sensor, hybrid contrast and phase detection autofocus, ISO sensitivity up to 25,600, 8.6 frames per second burst shooting, and 1080p video recording capabilities. The NX also features a 4.8-inch, 720p touchscreen and SVGA (800 x 600 pixel) electronic viewfinder, and is powered by a 1.6GHz quad-core processor — essentially it's a Galaxy S III smartphone grafted to the back of a camera.

Of course, what makes the NX unique among interchangeable lens cameras is the fact that it runs Android 4.2.2 Jelly Bean and has complete access to the Google Play Store and its many apps. Samsung has included many of the shooting modes available on the Galaxy Camera released last year, including over 30 smart modes. The NX also has built-in Wi-Fi, 3G, and LTE connectivity to make sharing of images quick and easy.

As the first legitimate Android-powered interchangeable lens camera, the Galaxy NX is a notable and interesting device. But as the prices of higher-end cameras such as the Canon 6D and Nikon D600 continue to drop, it will have to do much more than just wow us (and other consumers) when it hits stores if we're going to spend over $1,600 on it.