Consider preordering this
http://www.theverge.com/2014/4/22/5625264/lytro-changed-photography-meet-the-new-illum-camera <-- probably the best article out of the three
http://www.engadget.com/2014/04/22/lytro-illum/
http://www.dpreview.com/news/2014/04/22/lytro-announces-illum-light-field-camera
30-250mm (full frame equivalent) lense. 1" sensor (2 stops worse than modern Nikon DX sensors) but f/2 lens. Depending on sensor and lens quality, image quality could be on par with a Nikon D5xxx/7xxx camera paired with 70-200 F/4 lens for action shots (click to the motorcycle shot in the interactive gallery that's embedded in the middle of the article)
The biggest drawbacks used to be tiny resolution and sensor and proprietary output, but these gen2 models output about the equivalent of ... something??? they claim five but it sounds like realistically more like 4.65... megapixels (megarays are not the same thing) and can be ported to Adobe/Apple imaging programs if I'm reading those articles correctly. Still might not be big enough for some people, but more than enough for sharing on Facebook/G+/Pinterest/etc.
In all seriousness though, I wouldn't put $1500+ up for one of these just yet, wait for reviews