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I'm still rocking my LX7, and I still like it. It's got a few advantages compared to most other compacts:
24mm (great for landscapes and any kind of wide-angle shots)
1.4 aperture (seriously, this is incredible)
Min. shutter speed for various priority or automatic modes
ND filter
Fits into my jacket pocket
Negative things that do annoy me and make me want to switch:
Small sensor
Only 10 MP - useless if you need to crop
Very slow OS
Still, for 400 bucks (including SD card, automatic lens cap and a bag) it's a great piece of technology with lots of options.
I'm constantly thinking about getting a DSLR, but I know that I'd basically never carry it around with me.
