Panasonic DMC-FZ7 6.0 megapixel camera

Panasonic has launched its new Panasonic Lumix DMC-F27 with 6.0 megapixel Mega OIS (optical image stabilization), 12x optical zoom, 2.5 inch LCD display. Followers of the Panasonic Lumix range would love to get hold of this new gadget. Expect it to be in stores in March at $399.