Canon has unveiled its first-ever APS-C sensor compact zoom camera, the 24.3-megapixel PowerShot G1 X Mark III. It trades in the sleek body of the last G1 X Mark II model for a more DSLR-like, physical dial-laden body that's very similar to the G5 X compact. It also features Canon's fast and accurate dual-pixel autofocus and an all-new 2.36 million OLED electronic viewfinder (EVF). To get those big-sensor bragging rights, however, Canon had to sacrifice a few key features from the last model and jack up the price significantly.

Gone is the versatile 24-120mm f/2.0-3.9 zoom lens of the last model -- which had a smaller 1.5-inch sensor -- replaced with a slower and shorter 24-72 mm f/2.8-5.6 model (35mm equivalent). It's easy to understand why Canon did this -- with a larger image circle, an equivalent lens would likely have been too large and heavy.

During a call, company engineers pointed out that with a larger sensor borrowed from the company's EOS 80D DSLR, the f/2.8-5.6 lens will still be capable of shallow depth-of-field, and is faster than its DSLR or mirrorless kit lenses. Photographers will now have to decide, however, whether they want a big sensor or faster lens, like the one on the cheaper Sony RX100 V or the stellar f/1.4-2.8 model on the Panasonic LX10.