but the sensor wise and picture quality, it is also exactly the same?!
which means ppl are just paying for the brand?!
i would have thought that leica's picture quality would be much better compared to the lx3.
cos it is a Leica and D-Lux 4 is the son of M8, which make M9 its uncle. You see it all runs in the family. If one is expensive, all will be expensive.
I am not too sure about the history of Leica but it seems that they are sticking to technology that can last a long time - no AF, no IS, full metal construction. So you buy once and 20 years down the road, your lens can still be used on the new Leica camera bodies.
Leica D-LUX 4 is made by Pannasonic. But the supplied software for the Leica version is Capture One 4 (RAW date converter). Of course if they were priced the same no one would buy the Pannasonic Version right? So the Red Dot and Leica branding and different firmware plus the Capture One 4 software sorta makes it a Leica YMMV and so does mine. I have the Pannasonic Lumix LX-3 and couldn't be happier.