Panasonic went in at the high end when it released its first L-mount full-frame mirrorless cameras last year, but today it’s announcing a more mainstream and versatile model. Like the $2,499 Lumix S1, the new S5 is built around a 24.2-megapixel full-frame sensor and is designed for both photo and video work.

The Lumix S5 is $500 less expensive, though, and significantly more compact. Here’s a picture Panasonic supplied of its current highest-end mirrorless cameras, including the Micro Four Thirds-based GH5 on the left, the videography-focused S1H on the right, and the S5 in the middle.

Despite the huge difference in sensor size, the S5 is actually smaller than the GH5. Panasonic says, however, that a new camera in the GH…

Continue reading…