== == No, it's a compact ("bridge") camera that looks much like an SLR. Here are the lens specs: LEICA DC VARIO-ELMARIT
• 35 - 420 mm equiv. (12x zoom)
• F2.8 - F3.7 (minimum aperture F11)
• 14 elements in 10 groups (3 aspherical, 1 ED lens)
• Non-extending / internal zoom
• Mechanical linked zoom ring
• Focus-by-wire focus ring source : http://www.dpreview.com/news/0609/06091409leicavlux1.asp say that the Viewfinder is 0.44" EVF (electronic viewfinder) with 230,000 pixels .... i.e. a small lcd type display is placed at the viewfinder Addendum: A single lens reflex camera has a mirror in a pentaprism that flips upwards, allowing light to enter through a shutter, and into a light-sensitive material such as silver halide film, or electronic charge-coupled device. In any slr or dslr, you can view the scene without turning on the camera. But with a point-and-shoot like the Leica V-Lux 1, it has to be on.