full review of Sony's upgraded high-end compact camera.
Conclusion snippets follow:
It feels almost greedy asking the RX100 II to do more than it does. As it is, it takes exceptional pictures for a camera of its size, offers a wealth of manual shooting and customization options, and takes great video. It does everything and more you'd expect from a compact, and quite a few things you'd expect from a bigger camera.
The Sony Cyber-shot RX100 II produces some of the best images we could ever expect to see from a compact camera. It's not the best shooting experience, but Sony has pushed the limits for this category and produced something really innovative.
Is the RX100 II worth the cost of a mid-range interchangeable lens system? And would you be better off saving some money and buying the now-discounted RX100 instead? That depends. If a slightly-less-noisy ISO 3200 JPEG is worth an extra $150 to you, then the RX100 II will be the better investment. If you can live with a little more noise, don't care much for a tilting LCD and don't plan to use Wi-Fi sharing, then you're better off with an RX100.