We first caught wind of the X50 a few days ago. The camera was said to be smaller and cheaper than the excellent X100. Now we have confirmation from quite an unusual source, an actual printed catalogue snapped by a user over at Something Awful forum.
It seems that our initial info was correct, with the X50 having a 2/3″ sensor (smaller than Micro Four Thirds), a zoon lens and a price of $599.95. The full specs from what we could make out: