The Ricoh GR DIGITAL IV is a premium compact digicam that comes equipped with a fixed focal length lens. This 10-megapixel camera has a 1/1.7-inch CCD sensor with a GR ENGINE IV image processor, a 28mm/F1.9 GR lens, a 3.0-inch 1.23 million-dot VGA LCD monitor, a sensor-shift image stabilization, and a “Hybrid AF” focus system. Too bad, the Ricoh GR DIGITAL IV only supports a 30fps VGA video capture. The black Ricoh GR DIGITAL IV will be released next month for $599 each. The company will also release the limited edition white Ricoh GR DIGITAL IV for $649 a pop.