agreed, the Sony R1 is huge... it was an interesting camera in its day in its own way cause it fitted a superzoom type lens on a DX sensor PNS... its a very niche camera I guess... the DP-1 form factor would be more agreeable for me too...Why would someone who wants a DX-sensor PnS go for the Sony? It is not a PnS but an exact equivalent of a conventional DSLR!
OK, DP-1 is a different proposition. FOV 28mm f/4. Weighs 250g. Now we're talking. And the allure of the Foveon sensor...
But, it would be nice if it were a Nikon. But I am definitely tempted by the DP-1.

and now that Oly is introducing their cut size mini4/3 system, I think/hope the industry would get more interesting and creative in their use of DSLR sized sensors... there's still hope for an affordable digital rangefinder... there are rumours of Nikon making one but nothing substantiated ;p