Pana LX5 (replacement for LX3)

And as many members previously pointed out, no PnS is coming close to the focus speed, shutter lag etc of dSLRs...so it would rather complement instead of replacing the dSLR...

At the moment my SLR is complemented with a Canon S80...it's half a decade old, and still does a good job...I dont intend to replace it unless it dies...