If your after a very high quality compact camera then the Sony RX1 is the king, but with a full frame DSLR price tag.
For me its biggest shortfall is the lack of a built in viewfinder.
One of the best Compacts around has been the Fuji X100, it had issues with focus speed but with the latest firmware its a good little camera but out classed in the focusing stakes by just about every other manufacturers offerings.
Well we are promised that they now have the best focusing around with the recently announced X100s.
I love its traditional format and optical viewfinder, lets hope that the third party RAW processors get better as it now has the latest iteration of the X Trans sensor.
Check out the following site for more details:
If your interested in more information on the sensor and some background in the processing of its RAW file then check out: