Pros Amazing pictures with vivid colors, tri-button layout for manual photography, RAW, modern sleek design, best sensor in its class
Cons Lack of lenses, not the best auto-focus in its class, no touch screen, art filters don't work in RAW, the video record button can be clicked by accident several times a day
Summary I finally got an NEX-7; however, I turned it a few days later. The camera is overall amazing, and one can tell Sony gathered feedback from pro photographers and implemented their input into the NEX-7. The only real negatives the NEX-7 has going for it is the lack of available E-Mount lenses, and the lack of touch screen. Sure, prior to the touchscreen era this would not have been an issue; however, this prevents us from focusing at a specific subject in a crowded area with ease.
I've decided to wait for the Olympus OM-D for the time being. It's 5-axis image stabilization, touchscreen, faster focus, and wide availability of micro-4/3 lenses from Olympus, Panasonic, and others is a plus.
This is just based on personal choice, but the average photographer who may need need a wide selection of lenses will one the NEX-7, it is a nearly perfect camera.