Canon has announced the Powershot Pro1, which features an 8-megapixel CCD, RAW file capture, the choice of sRGB and Adobe RGB color spaces, and more. It's also the first compact digital camera with an L-series lens, a 28-200mm (35mm format equivalent) f/2.4-3.5 7X zoom with fluorite and UD glass elements. Canon U.S.A. says the Pro1 will ship in April with an estimated street price of US$999 in the U.S.