In response to the growing popularity of smaller, 'mirrorless' mcameras such as the Sony NEX series and micro four-thirds cameras like the Olympus PEN, Canon has confirmed that it's going to build its own version of the small high-quality camera. Will it be a micro four thirds? Judging by what Masaya Maeda, head of the Image Communication Products division at Canon says, it could still be a DSLR, just a lot smaller:

"It's not a question of whether or not you have a mirror. There is a consumer need for good-quality cameras to be made smaller. We will meet this need."

Hopefully, Canon will decide to make something like their camera of the future. [Reuters]