Leica Camera today announced a new firmware update 1.2 for the Leica SL, which includes several fundamental improvements in the camera’s picture quality and handling. To access the firmware update, registered camera users can log into the Leica owner’s area of the Leica website and download the firmware version at: https://owners.leica-camera.com. Leica users can also take their camera to a Leica store and take advantage of the free update installation service.

The new firmware update 1.2 includes optimization of picture quality at ISO values from 50 to 400, improvements to the image in the electronic viewfinder and greater flexibility when entering WLAN passwords.

When shooting with Leica M and R lenses, camera users will find that the new firmware update 1.2 activates a loupe (magnifying) function with the auto exposure lock button (AE Lock) to allow fast manual focusing. Additionally, the firmware update guarantees the correct indication of the R-Adapter-M and the R-Lens used in the EXIF data of image files.

Finally, the firmware update offers an improvement in the Leica Log Gamma curve (L-Log) for video, enabling its use for in-camera 8-bit recording. The reduction of the offset will now allow recordings to appear considerably darker. Subsequently, videos recorded with L-Log must be corrected with a gamma correction in an external video editing program. The use of L-Log enables greater leeway for post-production color grading of videos recorded on the Leica SL.

http://dc.watch.impress.co.jp/docs/review/special/20151124_731499.html

Nothing too different to the GH4 h264 codec on the new Leica SL, however, V Log L on first impressions looking at Voldemort Hideout's files seem screwed up even with the VLog to Rec709 LUT applied. Crazy curves and weirdness going on as you can see. Bit worried about Reid's setup/ whilst filming in the Leica shop - it can't be doing this... more info soon.

http://admiringlight.com/blog/hands-on-leica-booth-leica-sl-and-leica-q/

When you see human hands holding it, you'll laugh out loud

To bring out a Panasonic FF stills camera would be 1,000,000 times more foolish of Panasonic than not bringing out the AF100 successor. As they can't be seen to abandon the m4/3 range (Sony was wise to have a mount which can be used both on their crop sensor cameras and on their full frame cameras).

I wonder, does the Varicam have anything under its PL mount? Like Sony does with their FZ mount.

Unfortunately I strongly suspect the Varicam doesn't have this feature (instead it is just swapping between the PL and B4 heads, for S35 vs HS feature), which is a pity as least then a logical mount would exist for a future Panasonic camera to take up and use (as Sony would never let Panasonic use their FZ mount, which is my 1st preference. Though I dunno if FF would work with FZ mount?!?! It is a rather large opening however, suspect it might!).

A Panasonic FF-GH5 with some kind of "Varicam-FZ" mount would be super awesome. Ah well.... invent a new mount??? A mount which they'll then bring out almost no lenses for. Just like Sony did with their FZ mount! LOL

But yeah... that could kinda make sense in a weird twisted way.

Thus don't bother about using a mount that they'll make lenses for (as they should keep the focus on m4/3, which they've built up large resource of lenses in).

Treat this mount in a new camera like Sony treats their FZ mount! Then go and target a price point somewhere in the C100 to F5 price range. (I'd prefer the C100 end of that range.... but anywhere there would be at least something, better than their current NOTHING being offered)

However if they were to go down that path, maybe perhaps I'd rather they just stuck with m4/3 and S35 sensors?! (like the JVC LS300) Depends on where they position this so called "FF-GH4", if it is priced more like a C100 (thus keep with S35 and m4/3) or going after the F5 (then heck, go FF and a new "Panny-FZ" mount!).

Huge, ugly, waaay overpriced. Unimpressive.

The only interesting thing is how it will affect future Panny cameras...

For the price of one Leica SL + 24-90 you can get 4 GH4 with the 12-35. In my opinion it can't be that much better.

Leica is made for people who can buy 100 GH4s with ease, just do not need them.