Panasonic has revealed the Lumix GM1, its new ultra-compact mirrorless camera. In spite of its diminutive size, Panasonic was able to cram a 16 megapixel Micro Four Thirds sensor within its retro-styled aluminum body. Additional features include a three-inch touchscreen, built-in Wi-Fi, and a pop-up flash. To match the small size of the camera, Panasonic has also created a new 12-32mm f/3.5-5.6 kit lens that collapses down into a compact package when not being used. No word on a launch date yet but it will cost $750 USD with the kits lens when it does hit the market.