Size and weight is a big decision factor when you are trying to find the ideal camera for your needs.
In this section, We are going to illustrate Panasonic FX48 and Canon 500D side-by-side from the front, back and top in their relative dimensions. Panasonic FX48 has external dimensions of 95 x 53 x 22 mm (3.74 x 2.09 x 0.87″) and weighs 150 g (0.33 lb / 5.29 oz) (including batteries). Canon 500D has external dimensions of 129 x 98 x 62 mm (5.08 x 3.86 x 2.44″) and weighs 520 g (1.15 lb / 18.34 oz) (including batteries).
Below you can see the front view size comparison of Panasonic FX48 and Canon 500D. Panasonic FX48 is clearly the smaller of the two cameras. Its body is 34mm narrower, 45mm shorter and 40mm thinner than Canon 500D. As you can tell, actually this is not a fair size comparison since Panasonic FX48 has a built-in lens but Canon 500D doesn't. Once you put a lens on 500D, its thickness will increase significantly.
Here is the back view size comparison of Panasonic FX48 and Canon 500D.
Weight is another important factor especially when deciding on a camera that you want to carry with you all day.
Panasonic FX48 is significantly lighter (370g ) than the Canon 500D which may become a big advantage especially on long walking trips.
Again, this comparison may not be very useful in real life as we are comparing the weight of a camera with a built-in lens to the body-only weight of an interchangeable lens camera. Once you put a lens on 500D, the total kit will weigh much higher.
Unfortunately neither Panasonic Lumix DMC-FX48 (Lumix DMC-FX40) nor Canon EOS 500D (EOS Rebel T1i / EOS Kiss X3) provides any type of weather sealing in their body, so you have to give extra care especially when you are shooting outdoors. If weather sealing is a must-have feature for you, check these sections: Top Compact Cameras with Weather Sealing Top DSLR Cameras with Weather Sealing
LCD Screen Size and Features
Canon 500D's 3" LCD screen is slightly larger than Panasonic FX48's 2.5" screen.
Unfortunately, both cameras has fixed screens so they don't tilt or flip in directions.