Preliminary conclusions
First-looks conclusion
Alas, the Caplio GX is a frustrating disappointment. The camera is nice to use and to hold. OK, there are some irritations, like the flash system charging lock-out and the occasional reticence to shoot when ordered, but overall – the Caplio GX is a camera that looks and feels like it should take great pictures, but it doesn't.
We always print test shots because examination on the screen can be misleading. But if anything the printed results made things even worse for the GX, showing up noise issues in an even harder light.
Things we liked about the Ricoh Caplio GX:
28mm extra-wide zoom
Super-close up macro modev
Wide ISO range up to 1600
Good control layout
Manual override available
Flash hot shoe included
Quiet in operation
Sensibly designed menu system
Good battery life
Fast start up time
Good AF performance
Good price for the specification
Things we didn't like:
Poor colour saturation and hue
Poor resolution from 5MP sensor
Image noise
Highlights burn out too easily
Obtrusive flash charging lock-out
Exposure inconsistencies
Slow image saving (especially TIFF mode)
Shutter release occasionally fails to fire
Over-eager power-saving
All things considered, we can only and with all honesty rate the Caplio GX as:

Let's not get too carried away – the camera is not so bad that it's unusable. It's just nowhere near as good as it should be.
I believe a lot of the problems we have discovered with the Caplio GX could be sorted with improved firmware. I very much hope Ricoh has plans to fix the issues highlighted by our time with the camera.
How about a second opinion from
Photographyblog.com?
Full review to follow
This is a preliminary first-looks review based on our experience of using the camera under everyday conditions plus limited benchmark testing. A full review with additional benchmarking will follow.