The Olympus E-P2 is less a sequel to the E-P1 micro four thirds camera and more a refinement of the original idea. It's basically the same size as the E-P1 (a hair taller, actually), and snaps shots with the same 12.3MP sensor. There's still no integrated flash, and the retro stainless steel body has been coated with black paint (not having seen the E-P2 in person, I still think I may prefer the original) much like the similar Panasonic GF1.

What's new is an accessory that will come standard in every kit configuration—an articulating VF-2 electronic viewfinder that attaches to the hot shoe mount. It takes advantage of a new, still-unnamed accessory/data port, meaning it's incompatible with the E-P1.

This accessory port also allows for a new stereo microphone mount that will move sound capture a bit away from the camera's body.

Maybe the biggest real improvement, however, is a Continuous Autofocus (C-AF) Tracking System that follows subjects through the frame, hopefully addressing one of the E-P1's greatest weaknesses, its long focus times.

The E-P2 will be available this January in two equally priced kits.
E-P2 Body with ED 14-42mm f3.5/5.6 Zuiko Digital Zoom Lens and EVF: $1100
E-P2 Body with 17mm f2.8 Zuiko Digital Zoom Lens and EVF: $1100

With the E-P1 already going for about $750 with a lens, and with the E-P2 taking what's expected to be near-identical shots for hundreds more (though including an EVF standard), we'll let you do the math.

Olympus has also announced two new micro four thirds lenses on their way, a super wide 9-18mm f4.0-5.6 lens (18-36mm equivalent) and a super zoomy 14-150mm f4.0-5.6 lens (28-300mm equivalent). It is good to see the company supporting their own standard with more enticing native lenses.

THE PEN IS NOW MIGHTIER: OLYMPUS EXPANDS THE POWER AND PERFORMANCE OF THE E-P1 WITH THE NEW E-P2

New Electronic Viewfinder, External Audio Port, Autofocus Tracking and More Creative Control All in a Retro Black Metal Body – Looks as Good as it Performs

CENTER VALLEY, Pa., November 5, 2009 – Less than six months after launching the groundbreaking PEN E-P1 Micro Four Thirds camera, Olympus proves that evolutionary change can happen incredibly fast by releasing the E-P2 with even more power and performance. The new PEN, like the E-P1, is the world's smallest 12.3-megapixel interchangeable lens system with In-body Image Stabilization. It blends the high-quality still images like that of a DSLR with High Definition (HD) video, stereo Linear PCM audio recording and In-Camera Creativity inside an ultra-portable body. Along with several new features, and eight in-camera Art Filters that can be applied to still images and HD videos, the result is mighty powerful and creative.

The innovative E-P2 offers more of what photo enthusiasts have been asking for:

* A stylish retro black metal body reminiscent of a traditional PEN camera;
* Accessory port to accommodate the included detachable VF-2 Electronic View Finder (EVF) or optional external microphone adapter EMA-1;
* A newly-developed Continuous Autofocus (C-AF) Tracking System tracks the subject across or back-and-forward through the frame;
* Two new art filters: Diorama & Cross Process for greater creative expression in your still images and HD videos;
* iEnhance to automatically adjust color and contrast for a more dramatic effect;
* Full Manual Control of shutter/aperture in Movie Mode; and
* HDMI Control of camera's playback functions using the TV Remote when the camera is connected to an HDTV.

"The high demand for the E-P1 demonstrates that today's photo enthusiasts and consumers want the high-quality imaging like that of DSLRs in a compact retro design. The fact that it also offers HD video, creative functions and high-end stereo sound makes it even more desirable," said John Knaur, senior marketing manager, Digital SLR, Olympus Imaging America Inc. "The new PEN builds on the success of the E-P1 by adding many of the features that were on enthusiasts' wish list for the second generation: an EVF for composing with your eye close to the camera, the ability to add an external microphone, C-AF tracking, and a black metal body. With each new PEN, Olympus continues to enhance the line, and the future looks very bright."

The E-P2 comes with either the small and lightweight Olympus M. ZUIKO Micro Four Thirds lenses: 14-42mm f3.5-5.6 (28-84mm equivalent) or 17mm f2.8 (34mm equivalent). The camera adds to the new category created by the E-P1: Not a P&S. Not an SLR. It's a PEN.

Accessorize: Everything Goes with Basic Black

The E-P2 incorporates a new port for connecting new accessories including an optional EMA-1 Microphone adapter and the VF-2 live-finder, a detachable electronic viewfinder that comes with the E-P2. The live-finder easily slides onto the camera's accessory port and hot shoe when needed to provide 1.15x magnification, a 100% field of view with amazing resolution, brightness and contrast. The viewfinder refreshes quickly to minimize image ghosting on fast-moving subjects.

The VF-2 rotates up to 90 degrees to enable photographers to look down into it, which is useful when shooting subjects from challenging angles. The built-in diopter adjustment and high magnification offer easy viewing with and without glasses.

For those who want to capture enhanced audio, the new EMA-1 external microphone connector can be plugged into the new camera's external accessory port. The connector will accept the optional Olympus ME-51S stereo microphone or any microphone of their choice.

Olympus has a variety of other accessories to maximize the functionality of the new PEN, including the previously released 14-42mm and 17mm Micro Four Thirds lenses. The MMF-1 Four Thirds System Lens Adapter makes E-P2 compatible with all Olympus ZUIKO Digital SpecificTM lenses and other Four Thirds System lenses from Sigma, Panasonic and Leica.

Olympus OM film-based lenses can be attached to the E-P2 with the MF-2 OM Lens Adapter. Additionally, an optional FL-14 flash unit, suitably small for the camera, adds more lighting versatility to your shots.

Stay focused on Your Targets Wherever They Roam

Sometimes it can be hard enough to keep up with kids, let alone take pictures of them. The E-P2's new C-AF Tracking and AF Target Registration locks your subject into focus, and constantly adjusts focus and brightness whether you or your subject is moving. With this mode, a simple push of the shutter release enables you to keep fast-moving and unpredictable subjects in focus – tracking subjects from left to right and from front to back – within the frame, automatically ensuring that even active subjects are captured clearly.

Even More Ways to Create

Olympus pioneered easy-to-use in-camera art filters for still images captured inside its E-System DSLRs. It was the first company to offer the ability to apply art filters to High Definition video recordings captured with the E-P1. Now, the E-P2 continues this tradition of innovation with eight in-camera art filters, including two new filters: the Diorama and Cross Process. The Diorama art filter gives users a miniature model photo feeling by narrowing the depth of focus and enhancing color and contrast. The selective focus that this filter offers lends intimacy to images of even the largest subjects like canyons or cityscapes.

The Cross Process art filter offers an unexpected look to images and videos by changing the color and contrast of subjects on the fly. Using this mode can result in surreal other-worldly images. Whether you're a videographer, documentarian or established director – or just want to shoot like one – Art Filters set your images and videos apart from the pack. Since they're built into the camera, you can achieve dramatic results on the go without needing a computer or editing software. These new filters are a welcome addition to the Pop Art, Soft Focus, Pale & Light Color, Light Tone, Grainy Film and Pin Hole filters previously available on the E-P1.

Because the PEN is an interchangable lens system camera, you also have more creative options for video capture. You can attach any one of the new super-compact Micro Four Thirds lenses or, because the camera can accept many of the other Four Thirds Format lenses with an available MMF-1 Four Thirds System Lens Adapter, you can add anything from an extreme wide-angle fisheye lens to a super telephoto lens for a wide range of expressive options. All the while you will have more DSLR-like control over depth of field, focus, white balance and ISO. It begs the question, "What will you create?"

iEnhance for Radiant Colors

The E-P2 includes a new picture mode called iEnhance, which analyzes colors and brightness. The new mode mimics what the naked eye sees. For example, a beautiful sunset looks awesome in person and generally seems to fade when captured in an image. With iEnhance, the warm yellow and orange colors are heightened to be brilliant and closer to the actual scene. The result is exceptionally clear imaging with a dramatically lifelike color. iEnhance can be used in any shooting mode – from program to manual – and automatically engages when in iAuto.

HDMI Control from Your HDTV Remote

The new PEN makes sharing your content easier than ever. Just connect the E-P2 to your HDTV with an optional HDMI cable and use your HDTV's remote to control playback functions and navigate the camera's menus from the comfort of your favorite couch or chair.

Manual in Movie Mode

The E-P2's manual movie mode allows for independent control of aperture and shutter for expanded exposure and creative control. Now you can adjust the shutter to control the depth of focus while using the aperture to set the overall brightness of the video. This level of control allows you to express your vision exactly how you want in your HD videos.

Make a Design Statement

The E-P2's high-end, stainless-steel all-black body is easy to handle and carry, and has the styling and refinement of a precision chronometer. Its retro-chic look turns heads, from tech-aficionados and camera buffs to the style-conscious and everyday point-and-shooter. Built rock solid, it fits comfortably in a jacket pocket or a handbag for impromptu street-shooting or any spontaneous adventure. The E-P2 lets you do more and go more places while capturing your life, thanks to its compact size – 4.74"(W) x 2.75" (H) x 1.37" (D) – and light 11.1-ounce body. Attention to detail is visible in every aspect of the PEN's design, including the currently available small and lightweight 14-42mm and 17mm M. ZUIKO DIGITAL lenses as well as the newly announced 9-18mm f4.0-5.6 (18-36mm equivalent) and 14-150mm f4.0-5.6 (28-300mm equivalent) M. ZUIKO DIGITAL lenses.

Ultra-Compact Body Delivers Superior Image Quality

The E-P2 has everything you need to produce vibrant DSLR-quality images: a large 12.3-megapixel imager, In-body Image Stabilization, fast Imager Autofocus, the proven Olympus Dust Reduction System and the new TruePic™ V Image Processor.

As the second Micro Four Thirds camera from Olympus, the E-P2 provides the same image quality as current Four Thirds format E-System cameras because it has the same image sensor size as the E-30 and E-620 DSLR models, but in a much smaller body. This high-performance 12.3-megapixel Live MOS image sensor delivers excellent dynamic range, accurate color fidelity, and a state-of-the-art amplifier circuit to reduce noise and capture fine image details in both highlight and shadow areas.

The E-P2's Live MOS image sensor is complemented by Olympus' TruePic™ V Image Processor, which produces clear and colorful photos using all the pixel information for each image to provide the best digital images possible. The image processor is noted for accurate natural color, true-to-life flesh tones, brilliant blue skies and precise tonal expression; it also lowers image noise in photos shot at higher ISO settings (ISO 100 to ISO 6400), enabling great results in low-light situations.

Be a Mover, Not a Shaker

Any lens attached to the E-P2 will deliver blur-free images thanks to three modes of In-body Image Stabilization that compensate for up to four steps EV (exposure value). Mechanical Image Stabilization automatically compensates for camera shake in low light or when shooting without a tripod. Since the PEN is the world's smallest interchangeable lens camera with In-body Image Stabilization, you'll feel comfortable taking it on the road with you to capture the action. As an added advantage, the built-in image stabilization works not only with the M. Zuiko lenses but all Four Thirds lenses and even older OM film-based lenses when used with the appropriate adapter for the E-P2.

Small Real Estate with an Amazing 3-Inch LCD View

Consumers accustomed to composing and focusing using a point-and-shoot camera's LCD will appreciate the E-P2's 100 percent accurate, 3-inch full color HyperCrystal LCD, which gives them the same easy, seamless experience when shooting still images or videos. The camera's Live Control function makes it easy to compose, edit and shoot pictures or videos without stopping to access various menus. The E-P2's fast Imager Autofocus in Live View also enables you to compose, focus and capture the shot quickly and easily without ever taking your eyes off the large LCD.

The LCD displays 230,000 pixels in vivid color and includes HyperCrystal technology, which offers many times the contrast of conventional LCD monitors for easier viewing in both preview and playback. It also provides a wide viewing angle of 176 degrees, which ensures that images can be composed from even the most obscure angles.

This Camera Leaves Others in the Dust

You don't have to waste precious time worrying about dust ruining the perfect image; instead, spend more of that time shooting with the E-P2. The proven Olympus Dust Reduction System produces spot-free photos with the exclusive Supersonic Wave Filter™, a patented ultrasonic technology that vibrates to remove dust and other particles from the front of the image sensor, capturing it on a special adhesive membrane every time the camera is turned on.

What You See Is What You Get

When viewing the LCD in Live View, Art Filter effects and settings like white balance and exposure are viewable right on the LCD, and their impact is seen instantly on the display. Real-time monitoring offers amazing versatility and creative control, and users who apply a setting have instant gratification because what they see on the camera's LCD is what they've captured. For musicians used to applying audio effects like reverb to their instruments before recording them, the concept of setting the E-P2 to capture precisely the kind of image they want before they press the shutter makes perfect sense. For imaging purists who want to shoot without filters, and apply them to images inside the camera later, or just edit images back at their computers, the E-P2 provides these options and opens more in-the-field creative possibilities.

Mix It Up with Multiple Exposure

With the E-P2's Multiple Exposure function available for still image capture, you are free to tell a visual story your way, whether in a portrait, a landscape or a combination of both. The image capture options allow you to shoot one shot, then another and combine them in real time, or capture both shots separately and combine them in the camera later. Overlay your face on top of your pet's face. Create an "identical twin" of yourself. Put the moon in the sky at noon. Your ability to manipulate space and time makes this new creative multimedia device a veritable time machine.

Frame Your Works of Art Inside the PEN

You can often achieve greater photographic expression by framing a scene in a unique way. The E-P2 provides four aspect ratios that serve as masks to frame your image to the desired proportions, including: the standard 4:3 aspect ratio that is suited to an 8 x 10-inch enlargement; the 16:9 aspect ratio that will display your images beautifully on a widescreen television; and other popular aspect ratios such as 3:2 and 6:6. The Multi-Aspect Shooting further expresses your creative vision when combined with Art Filters and multiple exposures. What will you create?

Stereo Audio Sounds As Good As the PEN Images Look

Like the innovative Olympus LS-11 portable audio recording device that puts the power of a recording studio in your pocket, the E-P2 features uncompressed CD-quality 16 bit/44.1kHz Linear PCM stereo recording capability to capture the rich sound quality of your scene. When you shoot with the E-P2, it's like having a sound technician built into your camera to capture the nuances of the audio happening all around you. It has the versatility to record and play back in the WAV format and can record with its built-in stereo microphone. Whether recording audio while shooting a video or adding audio by recording a narration to your still images, the E-P2's audio sounds as great as its images look. Now, with the new stereo microphone adapter, there is new freedom in audio capture with the PEN.

Create Your Own Multimedia Slideshows with Stills, Video and Audio Inside E-P2

Content is king, and with the E-P2 you have your own portable kingdom of still images, HD video, and audio to remix at your command. In playback mode you can seamlessly mix stills and movies inside the camera to create a multimedia slideshow; dub in one of five built-in dramatic background music options to provide a soundtrack for your cinematic creation. Plug the E-P2 into any HD television with an HDMI cable and show off your masterpieces to your audience before your DVD arrives in stores!

As Easy to Use as a Point-and-Shoot with SLR-Quality Technologies

The E-P2 is equipped with 19 scene-select modes for effortless picture taking. Standard scene modes like Night-Scene, Portrait and Landscape are easy-to-use solutions for everyday shooting. Capturing beautiful portraits is easy with the new ePortrait Mode. It enables you to smooth your subject's skin – all in the camera and before capture! Additionally, edits can be made post-capture using the ePortrait mode.

Shooting scenes with both highlights and shadows can often be a challenge because of the extreme contrast between dark and bright areas. The E-P2 addresses this challenge with Shadow Adjustment Technology that adjusts for extreme light variations and maintains visible detail in both the shadow and highlight areas of the scene. Now users can see and preview the gradation on the Live View LCD and capture images showing the shadow detail they saw. This feature is also accessible in the Edit menu after the shot has been taken.

The E-P2's Face Detection reduces the chance of blurred subjects in images by recognizing up to eight people's faces and the background, tracking the faces within the image area, even if people are moving, and automatically focusing and optimizing exposure for sharp, brilliant portrait pictures (ideal for large family or party group photos).

Don't like changing camera settings for each shooting situation? The E-P2's Intelligent Auto Mode automatically identifies what you're shooting (Portrait, Landscape, Night + Portrait, Macro, Sports) and adjusts settings to capture the best result depending on the situation. First-time users will enjoy this quick and hassle-free feature, which does the thinking for them and produces incredible images like a pro.

The E-P2 offers ease-of-use and flexibility to meet your shooting style. Choose the Live Control technology, an advanced control panel system that incorporates the use of the sub dial and enables you to see the image and the menu controls all at the same time on the LCD. As a result, you can use the main and sub dials to select modes and adjust settings without having to take your eyes off the subject. Or if you prefer, shoot with the Super Control Panel, which is familiar to any serious shooter. These options along with the camera's intuitive button layout make the camera simple to use. The E-P2 records to SDHC media cards to accommodate large files including videos with In-Camera Creative Features and uncompressed audio.

Digital Leveler

The E-P2 is equipped with an internal Digital Level Sensor that detects the camera's pitch and roll and indicates it on the control panel. This Digital Leveler is a tremendous benefit when capturing architecture and landscapes. Level the perfect coastline shot on your next tropical vacation without being tethered to a computer and editing software.

Magnified Focus Assist

The E-P2 provides two optional methods to help the user focus: a Magnified Focus (MF) Assist Function and Magnification Display. When using manual focus, the MF Assist feature aids with critical focus by allowing you to zoom in on part of the image by simply turning the focusing ring on the front of the lens. The Magnification Display enables you to selectively enlarge the image on the LCD at the touch of a button. This mode works for both autofocus and manual focus. Both MF Assist methods provide up to a 10x magnification of a single point of the image for critical focus; perfect for macro or still-life photography.

18x18 Metering Modes

This mode divides the image area into an 18 x 18 grid, metering each of the 324 separate cells to obtain optimum exposure. In addition to 324-division ESP metering, center-weighted metering and spot metering modes are also available.

OLYMPUS Master 2 Software

Use the included OLYMPUS Master 2 software (Mac and PC) to easily download images and videos from the camera or other external device, such as a USB drive, and automatically organize them into albums and groups and by date. Develop high-quality RAW images, apply Art Filter effects, edit and print images. Also, apply the most common editing functions to your HD videos. Update camera and lens firmware through the software and download additional menu languages. A direct link makes uploading your images and videos to YouTube™ easier than ever.

OLYMPUS Studio 2 (Trial Edition Included)

Extend the capability of Olympus Master 2 with Olympus Studio 2. In addition to the functions of OLYMPUS Master 2, this software includes a lightbox mode and selection marks for comparing and sorting multiple images. RAW processing is enhanced with additional controls for finer adjustments. The trial edition can be used for 30 days after installation. After the trial period has expired, a license key is required for further use.

Availability

The Olympus E-P2 will be available in December 2009. It includes E-P2 Body, VF-2 Electronic View Finder, ED 14-42mm f3.5/5.6 Zuiko Digital Zoom Lens or 17mm f2.8 Zuiko Digital Zoom Lens, USB Cable, Video Cable, Li-Ion Battery Pack (BLS-1), Li-Ion Battery Charger (BCS-1), Shoulder Strap, OLYMPUS Master 2 Software CD-ROM, Manuals and Registration card.

U.S. Pricing / Product Configurations

E-P2 Body with ED 14-42mm f3.5/5.6 Zuiko Digital Zoom Lens and Electronic View Finder

Estimated Street Price: $1099.99

E-P2 Body with 17mm f2.8 Zuiko Digital Zoom Lens and Electronic View Finder

Estimated Street Price: $1099.99

Mark's a micro four thirds convert, though he preferred Panasonic's new GF1 to Olympus's retro-sexy EP-1, which lacks features like a viewfinder and flash. Olympus might fix that tonight by announcing the EP-2, if the signs are to be believed. If so, I hope it looks just as good as the original. [Photo Rumors, 43 Rumors]

The Price:

$379

The Waterproofing and Toughness:

It's rated to 10 meters, or 33 feet, without a case, making it just as pressure resistant as the Powershot D10. And there's a 30 meter case, optional, for deeper excursions, too, which the Canon doesn't have. It is the only periscoping internal zoom lens with a mechanized metal cover. Like the Pentax W80 and Canon Powershot D10, it can operate at down to 14 degrees F, making it ideal for winter sports. It's shock rated to a drop of 6.6 feet and crushproof to 220 pounds. It's heavy and almost completely metal. The screen and lens are coated with a water resistant substance, keeping droplets from getting in the way of clean shots. It's a monster. All it needs is a damn turret and you could send it into a warzone.

The Pictures:

Now for the slightly sad part. Relative to other test shots by other waterproof cameras, the photos were, well, middling and grainy. I don't believe that picture quality is necessarily a main concern on waterproof cameras—water quality is a bigger determination here—but as an above water camera, there are better choices. I did find the multiple underwater modes for surf/snow on the ground (pumps exposure), the high speed and landscape under the sea, and video modes to be a nice touch. The camera is also dual stabilized using optical and high ISO to reduce shakes. The biggest problem I had was the focus lag which caused plenty of missed action shots. That was a negative thing for me in an otherwise great user experience. Oh, there's a beauty mode, which combines face detection with softening algorithms on camera—there's a cool animation with sparkles that it plays while it renders—that take wrinkles and shadows out of faces. Kind of works!

The Video-ooh No:

What the shit: The 640x480 pixel video looked kind of jittery at times and was washed out all the time and—the worst part—limited to 10 second clips. This, for me, is somewhat of a deal breaker. When you're outside, motion shots are a given. I need better video on this camera!

Quirks:

Yes, it uses XD cards, and a variation of ye old mini and micro USB, so I had to hunt for some gear to transfer shots.

The Bottom Line:

As tough as it gets, but photos are a little underwhelming and video fall way short. I'm definitely conflicted here.

The toughest point and shoot in the world.

Video sucks

Photos a bit soft


[Olympus, Gizmodo]

Summermodo is a chance for Giz to get outside and test our gear where it belongs.

Essentially an E-620 without the perks, the E-600 looks to be the exact same 12MP camera as its older sibling with the same 2.7 inch rotating live preview screen. But to bring the cost of a fully loaded 14-42mm f3.5/5.6 lens kit down by $100, the aptly priced $600 E-600 removes a few key features:

• backlit buttons (ouch)
• three art filters (no biggie)
• two-shot multi exposure mode (half ouch)
• aspect mask control (half ouch, it allows you to crop the viewfinder to the aspect you are shooting)

So if you were considering an E-620 and care about the end product alone (your photos), it's probably worth saving the extra $100 to reinvest that cash into more glass—assuming you can wait for its release this November. [Imaging Resource via Electronista]

Above, you see Olympus' "The PEN Story," a charming collection of some 9600 prints strung together in stop motion animation. From the video's YouTube description:

This is the PEN Story in stop motion. We shot 60.000 pictures, developed 9.600 prints and shot over 1.800 pictures again. No post production! Thanks to all the stop motion artists who inspired us. We hope you enjoy :-) Song & Lyrics by Johannes Stankowski
Produced and Arranged by Michael Kadelbach.

Thanks all around! Thanks for everyone! Now watch this, posted months before the E-P1 was even announced:


That's "Stop motion with wolf and pig," a video made by this Japanese fellow. The aesthetic similarities are obvious, but forgivable. The conceptual similarities? Not so much. Our tipster:

From the beginning with opening envelope, to the stairs, trains, swimming, the whole thing is a complete rip off. Kind of crosses the line between inspiration and theft. Unless they hired him to do it, which seems unlikely.

That Olympus didn't directly thank Mr. Wolf 'n Pig doesn't take away from the fact that their video is equally—if not more—technically impressive than the one that inspired it, but it couldn't hurt to at least acknowledge the poor kid's work a little more directly. [Thanks, Nick B! <— (see, that wasn't so bad!)]

Camera Be Still
When it comes to still shooting, there is no difference between the GH1 and the G1 that Mahoney reviewed last November. It has a digital viewfinder instead of an optical one, which takes some getting used to but tends to work. It's got a huge number of manual and automatic options, as well as some uniquely digital settings, like "film mode" where you can manually adjust the color balance, saturation, contrast and noise reduction of the "film" you're using. Because the sensor is 4:3 (hence the format's name), you can change the aspect ratio to 16:9 for a wider view, but of course you sacrifice some pixels in the process. Update: Reader Ben tells me that no pixels are lost in the aspect ratio switch.

The camera has many of these novel options to keep track of, but it doesn't pay a huge dividend to those who do. As Mahoney said in the original piece, its high-ISO shots are a bit more noisy than most DSLRs, and the lens selection is paltry compared to Canon and Nikon. As someone who carries mainly entry-level DSLRs (and generally wants for nothing more), I found myself simultaneously overwhelmed and unimpressed, though I did manage to eek out a few halfway decent shots, which I've stuck in the gallery below.

All of the above features and capabilities can be found on the $800 DMC-G1. What I tested, though, was the $1500 GH1, with an "H" for "Highdefinitionvideo."

It's Got an H In It
The H makes a big big difference, as David Pogue mentioned, and as Mahoney lamented.

The 1080p video is, in fact, astonishingly good, when you're shooting in the right light with a decent lens. I used two lenses, the highly functional 14-140mm kit lens, and a playful 7-14mm wide angle lens with a touch of the fisheye.

The video comes in AVCHD format, which some people don't like. I don't mind it, though when I previewed it in VLC, it appeared to have a painful amount of compression artifacts. I was going to condemn the camera for that, until I wrangled the video in VisualHub, and found that all of the playback artifacts disappeared in conversion, and probably wouldn't appear in other software. (Panasonic sent me GH1 software, but it was for PCs only, and I didn't have a chance to check it out; some of you already know what to do with AVCHD vid anyway, so I wouldn't make a big deal out of the included software either way.) As you can see in this quick up-close video of Wynona—dropped from 1080p to 500x280 and converted to FLV for your consumption—you can certainly get a lot done:

The rustling you hear is me playing with the camera strap to attract an otherwise lethargic cat's attention; over the weekend, when I shot video of my family, the stereo mic array worked well, as long as I kept my own stinkin' trap shut. Its placement, facing upwards, on top of the flash, means that the shooter's voice is far louder than that of his or her subjects.

Video certainly is the GH1's coup de grace, as others have proclaimed. Practically speaking, it's a damn sight better than the video from the Canon T1i and the Nikon D5000, which are fine for quick snips but lack the autofocus necessary for a nice fluid continuous shot (Touch of Evil opener, anyone?). The GH1 dynamically refocuses well enough, though as you can see in the Wynona video, it can't go super-macro with that 7-14mm lens.

Stupid Money
Still, we're back to the same dilemma here: If moderately video capable DSLRs are selling for MSRPs around $900 (also with decent kit lenses), how can this baby be worth $600 extra? Still-only DSLRs cost in the $600 range—how can the GH1 be $900 more than those?

It's a powerful camera, but I certainly didn't feel as comfortable shooting with it as I do with Canon and Nikon DSLRs, and the video is, after all, video. The argument for video on other DSLRs is their compatibility with all kinds of lenses; here, it's more like a decent video camera without a huge number of lenses. As Mahoney mentioned in the G1 review, you can get a lens adapter and use some nice Leica lenses, but do you really want to go to all that trouble? We'd be better suited for some a handful of interesting, made-for-micro-four-thirds primes.

Even if we get all that, though, the price remains prohibitive. If you are tempted by the video capability of this camera, you are still better suited to buying a nice DSLR and a true HD camcorder of your choosing from Panasonic or Sony or Canon. I wish I could say that the excellent 1080p video tips the scales, but it doesn't. [Product Page]

In Brief:
HD video performance is exceptional for a high-end still camera, and notably better than "competing" DSLRs

Lots of manual digital manipulation means a lot to read up on and remember—it's not easily hidden from the beginner, but in the hands of an undaunted shooter, there's a lot of potential

The camera's entry cost is far too high to justify when it's not a big winner in still shooting, and when HD camcorder prices are dropping

We get a good look at the interchangeable lenses, the rig itself, as well as a shot of the pretty pedestrian box. As we've said before, it's what's inside that counts with this sexy beast. [Recently Reviewed via Engadget]

To be fair, it's a clever appropriation of the Will It Blend meme, and it does deliver a whole lot of blending, but it just feels like they may have missed the boat on this being timely by a good year or so.

And yes, we'll still ban you for making a "But will it blend?" comment, even on this post. You've been warned. [Gadget Lab]

DPReview has posted a selection of 14 clips (not embeddable), putting the sexy rangefinder-esque camera through its paces, in a selection of shooting conditions. They used a Panasonic 14-140mm lens on the Micro Four Thirds cam and shot most of the 720p footage in Aperture Priority mode.

First impressions are that the E-P1 could give some of the HD-shooting DSLRs a run for their money, especially once you put some better glass on it, since these were shot using the 14-140mm kit Lens from the Panasonic GH1. [DPReview]

In addition to wielding a 12.3 megapixel Live MOS sensor (the same 4/3 style as found in many mini-DSLRs) the retro-styled E-P1 "Digital Pen" has a three-inch LCD, in-body image stabilization, a dust reduction system and 19 automatic scene modes. It can also record HD video in 720p/30fps and includes a HDMI TV-out for direct playback.

There will be two Micro Four Thirds lenses available along with the camera for US release in July, a 17mm 1:2.8 Pancake and a 14-42mm 1:3.5-5.6. Price-wise it comes in better than expected at $749 for body only, or $799 with the 14-42mm lens. My personal choice, though, would be the body with the 17mm for $899. [Akihabaranews]

According to 43rumors, the E-P1 will shoot 720p video, and retail for just under $1000:

SD storage
13MP RAW, JPEG, and RAW+JPEG modes
1280×720 video for 7 minutes at a time (presumably due to sensor heat)
640×480 video for 14 minutes
3" LCD with Liveview
ISO 200-6400
Shutter speed 60sec-1/4000sec

All we know for sure is, the styling is a bit more retro-sexy than expected, thankfully, and an official (Japanese) announcement is due tomorrow. [43Rumors, Akihabara]

All we've really got here are a few leaked photos—no specs, no price, no possible date of delivery—but what we can see, we really like. There's no front photo yet, but all signs point to a modern reimagining of the Pen F, which we outright demanded get the Micro Four Thirds treatment a few months ago. It's outfitted with a 17mm f2.8 prime lens, and looks to be about the size of a mid-to-large-sized point-and-shoot. Oh, and remember Olympus's expected June 15th announcement of a retro Micro Four Thirds camera, due for release in July? I've got a little tiny hunch that this might have something to do with it.

Photography blogs are buzzing with speculation about all facets of this (presumably) upcoming camera, but it's the concept, not the specific execution, that's exciting: we know Micro Four Thirds sensors can nearly match their APS-C counterparts in quality, and the the ever-expanding catalog of compatible glass ensures DSLR-like versatility for the emerging standard. Now, the format may well be getting its first body that people might actually want to buy. [1001NoisyCameras, 43Rumors via PocketLint]

[AnimalNY]

We've been pining for a Micro Four Thirds camera that breaks the mold since the system was announced, and this is exactly what we had in mind—classic rangefinder looks (even though this is an SLR) in a small package. Please?

Oh, and if you're in Japan, you can go to a museum celebrating the 50 year anniversary. Japanese like to have museums for things. [Digicam Watch]

It also boosts the E-420's RAW burst rate to 8 fps instead of 6 fps, if that's been killing you. The "Art Filters" include effects simulating "pop art, pin hole and soft focus" in-camera. Hmm.

One thing these entry-level Olympus cams do have going for them is their diminutive size; for a time, they were calling the E-420 the "world's smallest" DSLR. Whether that is still the case, you can count on a compact camera here.

Olympus will start moving the E-450 in the US on QVC of all places, where it will come packaged in a dual-lens kit (with two zooms: a 14-42mm f3.5/5.6 and 40-150mm f4.0/5.6) for $699. Full specs below:

CENTER VALLEY, Pa., March 31, 2009 – Olympus announces its new entry-level digital single lens reflex (DSLR) camera, which is small in size and powerful in creativity. The new E-450 continues the E-400 series' heritage of a small and portable design, powerful features, and ease of use for any skill level, including first time digital camera users. Thanks to Art Filters pioneered with the E-30 and E-620, the E-450 provides consumers with the creative freedom to capture their images in new fun and exciting ways.

The three Art Filters – Pop Art, Pin Hole and Soft Focus – bring greater creativity and freestyle experimentation to the new E-450. The creative filters were first introduced in Olympus' E-30 prosumer DSLR earlier this year, and now enable consumers to express themselves and capture it all – limited only by their imagination. The E-450 offers the 10-megapixel imager and other features from the E-420.

The new camera also provides heavyweight technologies, including a bigger, more viewable 2.7-inch LCD and fast consumer-friendly On-Screen Autofocus, Face Detection, Shadow Adjustment Technology and Perfect Shot Preview to get the most out of the Live View experience. Additionally, when it comes to Live View, not all LCDs are created equal. At 2.7-inches, the portable E-450 LCD is large enough for users to compose and review images without squinting. The small camera's LCD is part of a camera with technologies intelligent enough to take advantage of the Live View photography experience. These innovative technologies include:

* On-Screen Autofocus works as seamlessly as a point-and-shoot to display subjects in focus on the LCD the instant the shutter is pressed half way;
* Face Detection Technology targets and locks on up to eight faces to ensure they are in focus and crystal clear for amazing portraits;
* New and Improved HyperCrystal II™ Technology delivers twice the contrast and better viewing in extreme lighting conditions, a broader range of color detail, and a wider angle of view on the LCD so you and your friends can see it up to 176 degrees off-center;
* Shadow Adjustment Technology captures detail in the bright areas of a frame and opens up detail in the shadows that other cameras would render too dark or underexposed; and
* Perfect Shot Preview enables you to view and select your favorite effect right on the LCD, and see how the image will look before you even capture it, so you know that what you see is what you get.

Olympus is scheduled to launch the E-450 DSLR on leading multimedia retailer QVC® Saturday, May 9.
"We are thrilled to debut the much-anticipated Olympus E-450," said Rob Ellerstein, director of electronics merchandising for QVC. "Thanks to our strong relationship with Olympus, we are not only offering the most innovative new products but we are also giving our customers the opportunity to order them before they hit stores."

The product will be widely available in the U.S. and Canada in July.

Make Your Vision Come to Life with Art Filters
If you're hoping to get more out of your camera than simply capturing and documenting a scene, and enjoy enhancing or customizing an image to make it your own, then you will value the camera's Art Filters. The filters, which are built into the camera, provide incredible individual artistic control over an image, and remove the need to spend time altering images on the computer with editing software.

This camera was made for free-style shooting, experimenting and engaging with events and subjects. Enjoy the freedom of Autofocus Live View and dramatic effects to transform your day-to-day shots into compositions that you can be proud of with the following in-camera Art Filters:

* Pop Art: Enhances colors, making them more saturated and vivid, creating high-impact pictures that express the joyful, lighthearted feeling of the Pop Art style of the 1960s;
* Soft Focus: Creates an ethereal, otherworldly atmosphere that renders subjects in a heavenly light without obscuring details; and
* Pin Hole: Reduces the peripheral brightness of an image as though it were shot through a pin hole, connecting the viewer intimately with the subject at the center of the picture.

Art Filters are easily activated with the mode dial on the right side of the camera body. The effects are viewable right on the new camera's 100 percent accurate 2.7-inch Live View LCD when using the E-450 in Live View mode or when reviewing the captured image.

The Live View Experience
Olympus was the first to bring Live View to a consumer DSLR (the E-330 in 2006), and Live View has revolutionized DSLR photography. Anyone who has photographed young children knows that you get the best reactions when you hold the camera away from your face and maintain eye contact and an engaging smile. If you have tried to take photos high above the heads in a crowd or low near the ground, you will appreciate that it is easier to use the LCD screen than to climb a ladder or lie on the ground.

The E-450 solves these problems with its Live View LCD, which enables photographers to easily and comfortably hold the camera at angles that could not be reached by using the optical viewfinder alone. The E-450's Live View autofocus functionality now simplifies the process by working just like a point and shoot. By simply pressing the shutter button halfway, your subjects come into focus on the LCD, so when the perfect moment occurs it is easy to capture sharp images.

Always Find a Face in the Crowd
A camera this consumer-friendly is perfect for taking portraits of friends and family while out and about. The E-450's Face Detection feature distinguishes between people's faces and the background. It tracks up to eight faces within the image area and automatically focuses and optimizes exposure for sharp, brilliant portrait pictures. Even if your subjects are moving, the camera continuously tracks their faces.

Bright Day or Deep Shadow, Never Miss a Detail
Shooting scenes with shadows can be tricky because of the extreme contrast between dark and bright areas. The E-450 addresses this challenge with Shadow Adjustment Technology that compensates for extreme contrast when shadow areas are underexposed and lack visible detail. Now users can preview and capture images with the same fine contrast they see with their own eyes.

Preview All the Possibilities
With 18 pre-set scene-select modes for every imaginable shooting scenario and full manual controls, the E-450 offers a world of possibilities to photographers. Additionally, Perfect Shot Preview enables users to preview and select various photographic effects on a live, multi-window screen on the LCD before snapping the shot. This feature shows photographers what their images will look like beforehand under various settings, ensuring that they capture exactly what they want. It is an ideal way for novice users to learn about the effects of different photography techniques, such as exposure compensation, white balance and metering.

Enlarge Your Photos
Capturing, enlarging and displaying amazing images on your wall is a snap thanks to the E-450's 10 million pixels for high-resolution photos. The 10-megapixel sensor gives users the flexibility to enlarge prints to the sizes supported by many of today's printers, or crop the image to print only a part of the image that is important to them. The high-performance Live MOS image sensor in the E-450 delivers excellent dynamic range for accurate color fidelity and a state-of-the-art image processor dramatically reduces noise and captures fine image details in the highlight and shadow areas.

Improved Auto White Balance
Many digital SLR users want to focus their attention on things other than white balance while they are on the move. As a result, the E-450 features an improved automatic white balance performance with a new algorithm for more accurate color.

TruePic III+ for Image Clarity & Speed
Olympus' TruePic III+ Image Processor produces crystal clear photos using all the pixel information for each image to provide the best digital images possible for every photo with accurate color, true-to-life flesh tones, brilliant blue skies and precise tonal representation in between. TruePic III+ also lowers image noise by one step to reduce graininess in images shot at higher ISO settings, enabling great results in low-light situations.

Worried about missing the winning goal at the soccer game? The image processor on the E-450 enables it to shoot up to 3.5 frames per second in sequential shooting mode, which means that photographers will be able to capture fast-paced action as it happens.

Dust Reduction System for Spot-Free Images
Life moves too fast to spend time worrying about dust ruining your images. Olympus' proven Dust Reduction System produces spot-free photos with the exclusive Supersonic Wave Filter™. The patented ultrasonic technology vibrates to remove dust and other particles from the front of the image sensor and captures it on a special adhesive membrane every time the camera is turned on. This results in beautiful images free from dust spots, which could ruin or be distracting on an image.

Media Versatility
Accepting both CompactFlash Type I & II, Microdrives, and xD-Picture Cards, the E-450 provides a choice of data storage options for enhanced flexibility, and it is possible to transfer image files from one card to the other right inside the camera.

Wireless Flash Capability
If you decide to venture into the arena of advanced lighting, the E-450 is ready to meet the challenge. The E-450 is compatible with the Olympus FL-50R and FL-36R wireless electronic flashes that are designed exclusively for digital photography. When these flashes are used in combination with the E-450, wireless multi-flash photography is possible. The E-450 can control up to three wireless flash groups independently, with several flash units per group.

Availability
The Olympus E-450 DSLR will be available in July 2009. It includes E-450 Body, ED 14-42mm f3.5/5.6 Zuiko Digital Zoom Lens, ED 40-150mm f4.0/5.6 Zuiko Digital Zoom Lens, USB Cable, Video Cable, Li-Ion Battery Pack (BLS-1), Li-Ion Battery Charger (BCS-1), Shoulder Strap, OLYMPUS Master 2 Software CD-ROM, Manuals and Warranty Card.

U.S. Pricing
E-450 Two-Lens Kit Estimated Street Price: $699.99