An image processing system, panoramic camera, and method use multiple image processors to process image data from an image sensor to provide a panoramic image output of different resolutions depending on a mode of operation. None of the image processors are capable of outputting an image at a full resolution of the image sensor's output image data. Depending on the mode of operation, each image processor can process a portion of the image data output by the image sensor to produce a respective image that may be joined with the image(s) produced by the other processor(s) to create a full resolution image, or a less than a full resolution image can be produced by turning off one or more of the image processors.