Olympus PEN E-P1
12.3 megapixels | 3" screen | Four Thirds sensor
After a carefully constructed teaser campaign Olympus officially launched the E-P1, its first Micro Four Thirds camera in June 2009.The E-P1 is a compact mirrorless interchangeable lens camera that mimics the styling of the company's Pen range that was popular in the 1960s and 70s. The camera is built around an image-stabilized 12 megapixel sensor and incorporates a 3.0"" LCD, but lacks a built-in viewfinder of any sort, or a flash. Arguments will continue to rage about the E-P1's relatively conservative feature set and performance but few could find any serious fault with its image quality, which is easily as good as most SLRs at a similar price point. Yes, it's fractionally noisier than the best APS-C models (particularly if you turn the noise filter off to get the maximum detail), and yes, the dynamic range isn't as good as the very best-in-class cameras, but honestly we're splitting hairs here. Our overall impression of the E-P1's image quality was and remains overwhelmingly positive.
Reviews from other photography sites

The E-P1 does so many things very well: it takes great pictures, has plenty of features for both the point-and-shoot and enthusiast crowds, and can record HD movies. And let's not forget the incredible retro styling. The trade-offs are many: the autofocus is painfully slow, there's no viewfinder...
The E-P1 does so many things very well: it takes great pictures, has plenty of features for both the point-and-shoot and enthusiast crowds, and can record HD movies. And let's not forget the incredible retro styling. The trade-offs are many: the autofocus is painfully slow, there's no viewfinder or flash (and those accessories have their own issues), and highlight clipping is a problem -- just to name a few things. The E-P1's biggest issue is the first one I mentioned: the AF performance. If you're taking photos of things that aren't moving (or aren't moving very fast), then you should be able to deal with it. But if you're shooting sports or trying to capture an active toddler in action, forget about it.
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