Olympus Imaging Corp announced their Olympus Pen E-P1 digital camera a little while ago. The E-P1 is Micro Four Thirds compliant and so has a compact body thanks to the lack of a pentaprism mirror and optical viewfinder.
The camera was recently reviewed by Digital Photography Review who deemed it Highly Recommended…but not for everybody. While the the build quality and image quality were both outstanding, the performance was deemed to be slow, and it has too many options and features for a n00b like you. $799.99
Olympus Pen E-P1 In-depth Review - Digital Photography Review, July 2009
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I think the compactness of this camera more than makes up for the missing optical viewfinder.
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