C-Mount lenses (commonly used on 16mm film cameras) have already found a bit of new life on Micro Four Thirds cameras thanks to adapters, and it look like the compact lenses are now also found another fan in the form of Japanese camera manufacturer Kenko. It's now showing a new compact camera that will apparently accomodate C-mount lenses directly, and be available in Japan this summer for ¥32,000, or about $370 (it's not clear if that includes any lenses). Details are still fairly light beyond that, unfortunately, but it looks like you'll at least have plenty of lenses to choose from