Canon's PowerShot G11, leaked yesterday, is their latest in smallish formfactor, RAW-capable cameras that will be available this October for $500.

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The G11 features the same 28mm lens with 5X zoom (28-140mm), but it actually trades the G10's 14.7MP sensor with a 10MP CCD, said to have better performance in lowlight that, coupled with the anti-noise system, offers an alleged 2-stop performance increase (according to what Canon told DP Review).

Canon PowerShot G11 Digital Camera
The PowerShot G-series has long been the flagship of the PowerShot line. The new Canon PowerShot G11 Digital Camera further adds to the legacy of this award-winning series with its advanced features, variety of shooting modes and compatible EOS accessories which help to enhance one's photographic creativity. Designed for those looking for a pocket-sized camera with SLR functionality, this new powerful camera is ideal for the consumer who is looking to capture beautiful landscapes and professional portraits by offering:
• A 10.0-Megapixel High Sensitivity System to capture images with a powerful 5x Optical Zoom lens with Optical Image Stabilization. Additionally, a 28mm (equivalent to 28-140 mm) wide-angle lens helps to get large groups into one shot at events such as a family reunion.
• A 2.8-inch vari-angle PureColor System LCD, new to the G-series, allowing for easier on-camera previewing and reviewing of images from nearly every angle, while still incorporating the optical viewfinder found on previous models.
• Easy access to heavily used functions with two mode dials for adjusting ISO and exposure compensation, and a full range of shooting and recording modes, including RAW + JPEG for ultimate creative control when editing images.
• A host of optional accessories, including Speedlite flashes, an underwater housing and a tele-converter lens to provide further photographic flexibility.

Scheduled to be available in October, the PowerShot G11 Digital Camera retails for an estimated price of $499.99.

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[Canon]