In low light settings such as conferences you will lose over a stop going from wide at 2.8 to 4.5. when zoomed in for close ups and medium shots, this will definitely be noticeable. With a fixed aperture of 2.8 and 4:2:2 color space Panasonic would have something very special in this camera. The only reason I mentioned the Sony RX10 II which has a 1" sensor is to show that if Sony can introduce a fixed aperture of 2.8 with a 24-200mm in $1300 camera then Panasonic should be able to do it in a $5k price range.