Fafa Kimps, last time I checked the Sony DSC-R1 costs around P 65K. For that amount, you can get a very decent DSLR. Sorry to disagree with you Bossing Woodfire but I've tested the DSC-R1. While it does have excellent optics (Carl Zeiss ba naman kasi), it really doesn't match up pound-for-pound with professional DSLR that are out in the market. The pro series of Hasselblad, Mamiya, Canon and Nikon can run circles around the DSC-R1.

However: Fafa Kimps, if you're just interested in just casual P&S photography and if you don't have any plans in the future to take photography as a serious hobby and you only want a DSC with near-DSLR functionality, then the DSC-R1 is hard to beat. But really, one does not need an expensive camera to take real good pictures.