Originally posted by RiderX The Olympus XZ2 would be a good substitute. But what would you buy, if neither is available anymore? I'm not convinced of the Sony RX100 or the Pany LX100 - both very expensive and not really better. The only upgrade would be m43 or DSLR.
The MX-1 is still available, but the price has gone up since there isn't as much inventory left after being discontinued. I saw it on sale online yesterday new for $396. That is a reasonable price, just not as good as it was earlier in the year. I probably won't by a second one at that price but if I didn't have one yet I would definitely consider it. The only caveat is the unknown about whether a new version may come out. I really like the bright fast 1.8-2.5 lens of the MX-1 since I never use a flash. It's an excellent camera. Really happy with it.
Here is a comparison review of the MX-1 vs the RX100. It's what convinced me to buy the Pentax:
http://m.youtube.com/watch?v=kuOpygcOVJE