I have an Oly XZ-1 that I am having some difficulty settling on a carry position for. I like having in front at hand, but also a little protected. Currently, I have been using it inside a Case Logic Medium camera camcorder case (http://www.caselogic.com/medium_camera_flash_camcorder_case/product_detail/index.cfm?modelid=133875&productid=1347411) which it fits in nicely, but is awkward to remove, even with the Franiec grip I put on it. I have this Case Logic case inside one of the hip belt pockets on my ULA Circuit. This creates enough cushion and I can leave both the hip belt pocket and Case Logic case zippers open and it rides secure enough, just awkward to get a hold of as I said. I think I might be looking for something that might be positioned more on the pack's upper straps, like maybe the Simblissity Unslack Pack (if they ever become available again) or similar.
Please chime in on how you carry your XZ-1 or similarly sized camera (Panny LXs and some of the Canon G series seem about the same size) or if you use something like the Unslack pack and how it works for you.