Thanks for your input, my sister has an unused EVF I could steal. I probably would just use it with the pancake lens and not use any MF lenses, unless I could find an adapter for my Pentax 67 Lens! 😀
The only thing that puts me off is the noise at high iso's and the speed of the auto focus. . .
Anyone have any thoughts on AF speed?
AF speed with m43 lenses (not adapted FT lenses) is fine. Compared to other consumer level DSLRs, the m43 cameras have always been quick focusing. I don't know what you are used to, but I'm sure you'll adjust to it quickly. Just don't plan on using it for shooting fast moving sports.
I don't know how much that Oly 17mm lens sells for on its own around you. For $150 Cnd, I'd buy the kit just for the lens, play it with it, and keep an eye out for a deal on a 16mp body whenever that came around.
On the topic of adapted lenses:
If you use the lens with larger apertures (f8 and up), the back screen should be good enough for adapted lenses. If your goal is a quick street shooting style (pre-focused, deep DoF), you'll have no problems at all.
The distance scale won't translate when fitting older lenses, and you've got the 2x crop factor to deal with, but you have two stops more DoF, so mount an old 28mm, set it to f8, focus near the far end, and you're set for a nice compact walk-around camera with a 55mm FoV, really deep DoF, and the rendering of an old lens you like.
At least, that's the idea with 35m lenses, putting you Pentax 67 lenses on there would be beyond silly - the camera body is probably smaller than your 90mm lens!
No.
I will not use evf until they are as good as my OM-1 with a 1-10 grid/matte screen.
Define "as good"?
Have you tried a modern EVF?
I can focus in lower light with my EVF, I can see exactly what will be blown out, and with focus peaking I can tell exactly what is in focus, even if it isn't in the centre of my VF. Lag is less than 1/10th of a second - visible under fast panning in low light, but nothing else.
Does it look like a computer monitor? Yes. It has that against it.