Really appreciate all the helpful advice. Small correction though. More like a nitpick maybe. It's not larger sensor that gives better dynamic range. It's larger pixels: http://www.dpreview.com/glossary/digita ... amic-rangewarpdrive wrote: ↑Dec 8th, 2014 11:48 pmUltimately yes.
The Panasonic should be pretty good in low light but the Nikon will be slightly better. In bright light the Nikon's larger sensor does give it better dynamic range (less chance of blown highlights).
The tradeoff is up to you of course, the sweet spot is different for everybody, that's why manufacturers keep churning out so many different form factors.
But you are correct that Nikon would have larger pixels in this case.