Panasonic announces pricing, availability for Lumix GH1

Announced at PMA 2009, the Panasonic Lumix DMC-GH1 will be rolling out to retailers in early June. As expected based on previously announced European pricing, the new HD-capable model will command a hefty $1499.95 kit price when it hits stores next month.

The GH1: A refresher course
Based on Panasonic's original Micro Four Thirds concept, the Lumix DMC-G1, the GH1 adds the ability to capture 24 fps full HD (1920x1080) video, or 60 fps 720p (1280x720) movies as part of the camera's live view functionality. Built around the same full-time live view platform that powered the G1, the GH1 uses DSLR-style interchangeable lenses, but eliminates the traditional DSLR's mirror and optical viewfinder – reducing the camera's size and optimizing it for full-time live view.

A 12.1 megapixel sensor provides capture for both stills and video, and like the original G1, the GH1 features an articulating 3.0 inch LCD with a very fast 60 fps refresh rate.

To support the needs of video (i.e. near-silent focusing, quick AF response), Panasonic also announced a video-specific 14-140mm f/4.0-5.8 Lumix lens with the GH1. Providing coverage equivalent to 28-280mm in 35mm terms, the new Lumix G Vario HD lens will be available in June as well as part of the GH1 retail launch.

For more info on the GH1, have a look at our original launch announcement as well as our hands-on preview of the new camera and lens combo.

Retail details
The GH1, packaged in kit form with the new 14-140mm video-ready lens, will be up for pre-order before the official retail launch on Panasonic's website. Per Panasonic, the new camera will only be available in black.