Olympus announced today the new µ-7050, a 14-megapixel compact shooter touting six Magic Filters, four of which – Drawing, Pinhole, Pop and Punk/Rock – can be applied to HD movies it can record. Soft Focus and Fisheye filters apply to stills. Olympus said the new µ-7050 is equipped with TruePicIII image processing engine which was …
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