Generally, some of the advantages of the Panasonic DMC-FZ200 compared to mirrorless interchangeable-lens competitors include: it has higher quality type of viewfinder (digital vs none), records high-speed movies (240 fps vs none), has better image stabilization (lens vs none), has a screen which flips out and creates panoramas in-camera.
However, on average it is significantly more noisy at high ISO (114 ISO vs 703 ISO), has significantly lower image quality (37.0 vs 61.0), much smaller viewfinder (0.00x vs 0.67x), has slightly less color depth (19.1 bits vs 21.4 bits) and takes significantly lower resolution photos (9.6 MP vs 15.9 MP).
Panasonic Lumix DMC-G5
similar age
$498 (body only)
$498 14-42mm lens
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Significant advantages of the DMC-G5 (vs the DMC-FZ200)
- Significantly lower noise at high ISO: 618 ISO vs 114 ISO
- Much better image quality: 61.0 vs 37.0
- Much larger viewfinder: 0.67x vs 0.00x
Significant disadvantages of the DMC-G5 (vs the DMC-FZ200)
- Much shorter battery life: 320 shots vs 540 shots
- Lacks an external mic jack
common strengths of the DMC-G5 and DMC-FZ200
- Very good image stabilization: Lens vs Lens
- Both have digital viewfinders: Digital vs Digital
- Flip-out screens
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Panasonic Lumix DMC-GX1
8 months older
$229 - $239 (body only)
$399 - $419 14-42mm lens
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Significant advantages of the DMC-GX1 (vs the DMC-FZ200)
- Significantly lower noise at high ISO: 703 ISO vs 114 ISO
- Significantly better image quality: 55.0 vs 37.0
- Much smaller: Mid size 116x68x39 mm vs Professional size 125x87x110 mm
Significant disadvantages of the DMC-GX1 (vs the DMC-FZ200)
- No image stabilization: None vs Lens
- No viewfinder: None vs Digital
- Much shorter battery life: 310 shots vs 540 shots
common strengths of the DMC-GX1 and DMC-FZ200
- In-camera HDR
- 3D photos
- Each supports an external flash
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