Well, I don't mind the price. I captured a theater performance yesterday and the LX100 was my master shot. First gig with it. I was pretty blown away by it and preferred it to the Canon 5dIII, especially considering the ease of the workflow (realising ML Raw is not even an option here) and how easy it was to rig up (15mm tube clamp under the camera to mount it to rods and you have access to battery chamber).
You do have the disadvantage of not having hdmi out and freedom of lenses, no headphone, no microphone in, etc. But I think it's a perfect companion to a GH4. What is there not to like? It pays itself back in a couple of jobs. And being able to shoot in a square format larger than hd is pretty wild for fx shots...
The 15 min recording limit is a bit silly of course, but what a great low profile camera this is.