Hi--I have the LX-2, its predecessor, and have been quite happy with it. I like the panoramic look and it gives you raw files. Some of my images done with this camera have ended up in magazines.
A lot of my professional friends seem to like it also, but a lot of pros also seem to like the Canon G10. The G10 to me seems bulkier, however. Sometimes, the difference between taking and not taking a camera is the convenience factor, when we're not working.
Len Kaufman
Whirled Phamous Photographer
www.lenkaufman.com