OLYMPUS XZ-1 vs LUMIX LX5 [Part 1]

INTRODUCTION: (This is the introduction of how I got into these cameras. If you want to just go straight to the photo reviews, you can skip this hunk of text.) 
A while back I was interested in investing in a compact smart camera. A couple years ago, Micro four thirds cameras started hitting the markets and the consumer popularity for them has boomed over these last couple years. Micro four thirds are essentially compact cameras with a high image sensor found similarly to those on the more professional level DSLR cameras. But to market the "pocketability" of these cameras, the companies simply took away the big mirrors found on the DSLR cameras. The result is a camera that can take near DSLR quality images but can fit in your purse or jacket pocket easily, much like a typical compact point and shoot camera.