In the year since its release, the Sony Cyber-shot DSC-RX100 has stood alone in the compact market as the only model with a 1-inch image sensor. The RX100 II ($749.99 direct) joins it; it's priced $100 higher, but offers some upgrades.
Excellent high ISO performance; 1-inch image sensor; Wide aperture lens; Customizable controls; Large, tilting LCD; Minimal shutter lag; Raw image capture; Wi-Fi; Hot shoe with EVF support
Very expensive; Limited zoom range; In-camera battery charging only; Could be sharper at the edges of the frame at 28mm