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After announcing the price of the Lumix DMC-G1 in the UK, now Panasonic has unveiled the US price. The Panasonic Lumix DMC-G1, which has the distinction of being the world’s first Micro Four Thirds System camera will retail for $799.95, which includes the LUMIX G VARIO 14-45mm/F3.5-5.6 ASPH/MEGA O.I.S. kit lens.