Last year around this time Olympus introduced the E-410, the world's smallest and lightest DSLR. Today, the company debuts its replacement, the E-420, an updated version that can still make that claim. The light and compact E-420 features a 2.7-LCD screen with Live View (the technology that lets you take pictures without having to hold the camera up to your face), a 10-megapixel sensor, face-detection and shadow-adjustment technology, and onscreen auto focus. We can't wait to take it for a spin.

It's worth noting though that while the E-420 may be the world's lightest DSLR in comparison to the competition, at 13.4 ounces it's heavier than its predecessor, the E-410 (13.2 ounces). While those extra two ounces probably confer better performance, we're always expecting technology to get smaller and lighter, especially in categories that claim to be small and light. But it's a minor complaint, especially since this year's model will sell for $200 less than last year's. The camera will be available in Mayand cost $599 with a kit lens ($499 without).

Via Olympus Press Release