True, but that 1" sensor is the clear advantage.
And, as we are all going to end up with a Sony FF in the long term
Haha, I'm glad someone just went ahead & said it
The center resolution/contrast of the Zeiss lens is itself reason enough to get the RX100, not to mention the fact that it's a Sony EXMOR sensor (but don't expect the pixel level dynamic range to match that of the, say, D800).
Furthermore, I can't believe the bounce-able flash isn't better marketed-- such a simple idea, yet a game-changer for P&S flash photography. Sony really does seem to be the more innovative camera company these days...