Are you using LR? They are pretty good at removing it with the built in profile for lenses I find.
As for the noise issue, the amount of dynamic range available should hopefully allow you some leeway in hiding the effects of it, and ultimately the fact that the DoF will be more at a wider aperture can be a benefit in low light settings a lot of the time.
It's interesting to compare it against a terrible new generation DSLR, so I'm going for Canon's entry level 1000D as it really is poor it is something that would just about be in price range with a lens, assuming people were happy to compromise on size.
http://www.dxomark.com/index.php/Cam...(brand3)/Canon
The interesting thing here is at 100 ISO it is really quite a bit better than, the SNR at 18% isn't top, but the extra dynamic range in real world use would allow you to hide that easily.
However, as soon as you start going up to higher ISOs the smaller sensor can't even be saved by BSI. But in practice, the fact you'd be wanted the same effective DoF would allow a much wider aperture, the build in lens stabilisation should also allow you an extra f/stop, in which case, to get the same effective shot, the performance will probably be better.
These small cameras are really interesting, all the real innovation appears to be happening at this end of the market, as ultimately smaller sensors are much better bet economically.


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