The introduction of Canon PowerShot S90 Digital Camera in 2009 opened a brand new category in the digital imagery business, the ultra-premium point & shoot. Still easily “pocketable”, though these mini-powerhouses are usually packed the same manual control, tech specification, and image processor as their larger DSLR cousins. With the world’s largest consumer electronic tradeshow, theC.E.S., looming just weeks away. Gadget makers are jockeying for the spotlights with pre-CES press releases, like the Olympus XZ-1. “Trapped” in the form of a compact digital camera, the ZX-1 nevertheless, offers a 10-megapixel resolution, the ability to record video in HD, and a 3-inch OLED display. Another impressive feature is a 28-112 mm Zuiko lens with a f/1.8-2.8 aperture, quite ideal for those candied snap shots of your drunk friends at the New Year’s Eve party without stunning them with your flash. From these preview images, it looks like the ZX-1 might have a control ring-like function, similar to that on the Canon S90. Unfortunately, the camera will not be available till sometime in 2011. More detailed information to come next month.