The telephoto lens combined with a reasonably intuitive control scheme, solid viewfinder and fast focus meant I came away with some pretty good shots (you can be the judge by looking through the gallery below). The camera fortunately includes image stabilization technology to go along with its long lens, and there are plenty of dials for quickly adjusting the aperture and shutter speed on the fly if you like to shoot in manual mode. I'm not a wildlife photographer, and I don't use lenses like this very often, but this camera seems like it can turn in solid results.

That said, there are some undeniable drawbacks to the RX10 III, and they're essentially the same as those that have existed throughout the previous models. Probably the most important is that the camera only has a 1-inch sensor, significantly smaller than you'll find in all DSLR and mirrorless cameras with interchangeable lenses. Sensor size is a key factor in image quality, including its dynamic range and performance in low light. While I didn't get a chance to test the latter, the camera did struggle to resolve all the details in scenes where there was a lot of contrast in the light. Most of my shooting with the camera came in the late afternoon under a very bright sun, and a lot of the brighter parts of the shots felt a bit blown out to me.

Then there's the question of price -- does it make sense to spend $1,500 on a camera with a relatively small image sensor and a lens you can't swap? Sure, it helps that the lens is extremely versatile, but a lens that covers that wide of a focal range will certainly make some tradeoffs in image quality. To me, it feels like anyone investing that much money into a camera system will want something with a bigger sensor and / or more flexibility in terms of lens choice. For $1,500, you could buy the excellent Fujifilm X-T10 along with its 18-55mm f/2.8-4 lens along with a 55-200mm lens for when you need to go telephoto. Or if you want a DSLR, you could pick up the newest Canon Rebel with a kit lens for a paltry $549 and have nearly a grand left to play with for lenses. And if you outgrew the Rebel, all of your investment in lenses would carry over to your next camera.

Yes, the RX10's zoom lens is an impressive feat of engineering, and yes you can take excellent photos with the camera. But I'm just not sure who is going to spend that much money on it. Superzooms have proven they have a place in the camera market, but I'm not sure they deserve a place at a $1,500 price point.

To view full-resolution sample photos show with the Sony RX10 III, click here.

Correction: this post originally claimed that the RX10 III had an f/2.8 - f/4 aperture; it's actually f/2.4 - 4 aperture.