The NEX3 & NEX5 were officially announced today.
NEX3 starts at $550, NEX5 at $650.
Incredibly small for an APS-C. The main part of the camera body would fit between the lens and sensor on an APS-C DSLR.
The Alpha adapter will NOT auto-focus - maybe later. There is a plastic covered hole where the screw drive should be???
No IBIS.
Shoots RAW and has full Manual controls, though may not be the best interface.
http://www.sonystyle.com/webapp/wcs/...s#/nex5Section
http://www.dpreview.com/previews/sonynex5/
TF