The X-E1 is “cheap” (less than $1000)

Photorumors posted full X-E1 specifications. Here they are:

• Same 16MP sensor as in the X-Pro1 (with max ISO of 25,600)
• 6 fps
• Light magnesium body
• Improved AF speed
• Price: bellow $1000
• To be released before Christmas
• Same video recording capabilities as the X-Pro1
• Mic input
• EVF only (not hybrid as the X-Pro1)
• Two colors: black and silver
• Pull 25 ISO to simulate Velvia in JPEG mode