If you've been waiting nearly a decade for the just-announced RX1R III, you're in for a severe case of sticker shock, as the camera debuts at a Leica-like price.

It's been nearly a decade since the second iteration of Sony's enthusiast-grade RX1R camera, a compact full-frame shooter with a fixed lens that's designed to slip into your tailored jacket. It's got a bunch of new internals and features to bring it up to date – and command an eye-wateringly