Olympus EP-5

It's a lovely looking camera, but in the UK, list price with kit zoom seems to be £999. I'm being polite when I say that price seems just a trifle high.
 
A wee bit. That puts it into direct competition with the Fuji XE-1. Which is a tough target.

It is prettier, mind #shallow

EDIT: It does occur to me that the Olympus is probably a better bet for using 'legacy' lenses on, so you may find a lot of bodies sold on their own, with a later upgrade on the lens stock, usually for the wider end, at a guess.
 
It's very pretty, but crazy expensive, but the PENs have always been like this, get the early adopters with the high price, get everyone else when the price slumps. The EP-3 was like this, it's $500 (Aus) with lens now, a bit more reasonable.

I'd take the OM-D, but the EP-5 is lovely to look at.
 
And yet... you forego the new sensor

And yet... you forego the new sensor

I'm delighted to see the arrival of the E-P5, b/c it means that prices on the E-P3 will drop.

While I'd love to have the E-P5's sensor, I will happily make do w/ an E-P3 for a fraction of the price of the new model.

Don't forego the new 16 Mp sensor, when you can have that new sensor at 16Mp in the E-PL5 and E-PM2 for just a bit more money than the 12Mp E-P3.

I just bought and love the new sensor in my Olympus E-Pl5 with the new sensor, new process engine, purchased for $475 factory refurbished by Oly. I don't know if the E-P3 has a better control/menu system, but I'm sure loving that new sensor and the incredibly fast touch focus/shoot after having both the E-PL1 and E-Pl2 for the last three years, or thereabout.

And then there is that great articulated large touch screen on E-PL5. The only thing you give up on the E-PM2 is the articulation for $100 less. (directly in line with the EP3 price.)

Passing up the new Sony 16Mp sensor would be SYITF* move at this point.

I'm really liking my little $500 offspring of the EM5. That's with the second gen 14-42 very fast focus lens. The smaller lens is proof of the theory that smaller parts in the lens focus faster. Blinding speed. Perfect pairing.:rolleyes:

* Shoot Yourself In The Foot.
 
The E-P5 may very well be my next digital camera. $1450 for the body, EVF and 17mm 1.8 seems like a sweet deal.
 
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