Panasonic has announced its latest digital camera called Lumix DMC-GF2. This camera features a 12.1 megapixel Live MOS sensor, a 3-inch touch panel, contrast AF system, and the ability to record video at 1920 x 1080/60i or 1280 x 720/60p in AVCHD and has an internal dust reduction feature. Panasonic DMC-GF2 is said to have the world’s smallest and lightest interchangable lens system camera and it adds to the range of Micro Four Thirds cameras on the market today. The GF2 will ship in January which is available in different colors: black, silver, red, white and pink. Rumors said that pricing will be announced this coming December and expect to see the GF2 hitting stores early in 2011.