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@edscoble
some rumour is said that the GR-D IV is to be announced on September the 15th, which mean the already excellent GR-D III will be even cheaper, perhaps go for the III if you liked your Ricoh very much?
I mean, it does exactly what you want it to do, the new one will have a faster lens so you can take low light shot easily (something I quite like doing on the GR II).