Panasonic has just officially announced the Panasonic Lumix S 70-300mm f/4.5-5.6 Macro O.I.S. lens for only $997.99 available for pre-order at Amazon /Adorama. Here are some first sample images taken by Dale Baskin (DPReview) with Panasonic Lumix DC-S1R. Check out to see how this new lens performs.