We knew it was coming and now it is official. The announcement didn’t come as expected on August 26, 2010 but that’s not very important. The basic specs about the high end compact point-and-shoot have been known and there isn’t much surprise from the official information.

The Canon PowerShot G12 adds 720P HD video shooting to its predecessor the PowerShot G11 but not much else. The recently announced Nikon P7000 a.k.a. “Canon G11 Killer” may kill G11 and G12 both with its better lens (28-200mm vs. 28-140mm), better LCD screen (921K dots vs. 421K dots), and similar specs in other aspects.

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