The Leica D Lux 4 is essentially the same camera as the Panasonic but £150 more expensive. But that case is nice. And I further note from that photo Dave posted it that would look good sitting on the seat of the Ferrari Daytona. Plus you get the case free with the Leica up to the end of January, so essentially you are paying less than £100 for the red dot. Hmm...
i'm not convinced by leica benefits, most of their market will merrily pay anything as long as there's a red dot... the additional cost pushes it beyond what i would ever be prepared to pay for a compact
However good they are, they both look like the kind of compact camera that would be purchased by a man with a very small penis.