(FT5) Olympus E-P3, E-PL3 and E-PM1 to be announced on June 30th!

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I am finally 100% sure that Olympus will announce not two but three new PEN cameras! They will all use the same new (Olympus redesigned?) Panasonic sensor (more about the sensor in future posts). And here is a short description of each camera:

1) E-PM1
“M” stays for “Mini”. It is smaller than the Panasonic GF2 (Click here to see it) and a bit bigger than the new Panasonic GF3. The good news is that the mini still maintains the built-in stabilization!

2) E-PL3
It is just a bit wider and thicker than the E-PM1. It’s thicker because for the very first time there is a tilt LCD screen! But it has no built in flash unlike the “older” Olympus E-PL2.

3) E-P3
Has no tilt LCD but gains a built in flash. The advantage over the E-PL3 are the manual controls and body quality. It has almost the same body design as the current Olympus E-P2. No built in viewfinder a là Olympus XA (Click here to see it on eBay).

After a first look on those models I can see three problems with the new PEN cameras:
1) E-PM1 is not noticeable smaller than the E-PL3
2) E-P3 is more expensive than the E-PL3 and has no tilt LCD (why?)
3) E-PL3 lost some of the manual controls of the “older” E-PL2 and has no built-in flash.

I am curious to hear your opinion on that!!!
Stay tuned! I am getting tons of rumors now and I will post more soon! And don’t forget to preorder the new amazing Leica 25mm f/1.4 lens at Adorama (Click here).

Reminder -> Rumors classification explained (FT= FourThirds):
FT1=1-20% chance the rumor is correct
FT2=21-40% chance the rumor is correct
FT3=41-60% chance the rumor is correct
FT4=61-80% chance the rumor is correct
FT5=81-99% chance the rumor is correct

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  • alphonse2501

    300th comment.

    Man, it is hard to read such number of comment at iPod touch 1G

    I still wait for next more detailed rumor.

  • Osang

    Panny’s G3 seems good, unless Oly’s EP3 is a lesser price.

  • alphonse2501

    300th comment. Man, it is hard to read such number of comment at iPod touch 1G

    I still wait for next more detailed rumor.

  • alphonse2501

    Sorry, I made overpost because I got error when I making publish from my iPod touch.

  • As said by a user at DPR we are really watching an experiment i marketing. If the analysis is true, probably the E-PL3 is the central camera.

    Financial success will finance the (semi)pro cameras ahead. Funny how ‘Pro’ watchers’ and angry dSLR owners don’t understand the bottom up approach unfolding under their eyes.

    Oly is not going to repeat previous errors, despite their bad advice :)

  • As said by a user at DPR we are really watching an experiment in marketing. If the analysis is true, probably the E-PL3 is the central camera.

    Financial success will finance the (semi)pro cameras ahead. Funny how ‘Pro’ watchers’ and angry dSLR owners don’t understand the bottom up approach unfolding under their eyes.

    Oly is not going to repeat previous errors, despite their bad advice :)

    • kaine

      Lol. Oly keep continuing your marketing experiment by trashing your loyal fanbois with milking of fail E-Pee cameras. Those profits need to slide a bit more before some decent camera company comes in and buys your IP. Maybe Panasonic will buy it? Oh that would be a suprise. Not.

  • joosie200

    I do understand that in order for Olympus to finally get a decent alternative out here against the Fuji X100 it needs time. Time to get all the parts needed suited into the PEN style. Apart from time Olympus needs also money for it takes quite some R&D budget in order to create an decent alternative against the Fuji X100.

    In order to get there time only has to pass by. But money won’t be heading towards Olympus while doing nothing. So instead Olympus tries to get a cashflow going by bringing next to EP3/EPL3 also the so called EPM3. There is nothing wrong while executing such plan. However, Olympus needs to realise that executing this plan, jumping aboard of this train it can have disadvantages. I.e. people which are not satisfied by the offerings Olympus had will jump aboard some others ship, for instance Panasonic or Sony/Samsung.

    But once you look closely to what Olympus really tries to pull off. They better follow Panasonic suit. Why? Because instead of Olympus, Panasonic knows exactly howto get there in time and with the required money by having a plan known for diversity. They are having four seperate product lines. GF3 which fills the bottom against Sony C3 and such. Offering an alternative to the compact P&S who wants to upgrade.

    Next to that Panasonic will (according to what I read through 43rumors) come with a succesor to the GF1. This will be an offering many of us would have wanted Olympus to come out with it instead of Panasonic. Why? IBIS + JPEG rendering. Anyhow, that will satisfy the most of us. I.e. an alternative towards the Fuji X100, the succesor to the Panasonic GF1 will be. Then you have Panasonic G3. The beginners entry for those who wants to mimic a dSLR design but have the benifits of m4/3. And at last: you have got the Panasonic GH3, the best you can get in a dSLR designed body.

    I.e.:

    GF3 – basic for seducing compact P&S owners
    G.. – GF1 succesor and good alternative to Fuji X100
    G3 – basic dSLR designed body
    GH3 – a topped off dSLR designed body

    Then take a look at Olympus…

    EPM3 – basic for secucing compact P&S owners.
    EPL3 – upgrade for whom owns a EPM3
    EP3 – viable alternative towards GF1 succesor

    What’s the problem with Olympus offering? 1) They share the same bodystyle/design. PEN and PEN it is, no alternative towards a G3/GH3. 2) Olympus eventually will release a decent alternative towards the Fuji X100 but not as quick as Panasonic/Sony/Samsung will be. In other words: Olympus will be too late to the party in order to profit from such high margin which will be on the Fuji X100/Panasonic alternative.

    I see Panasonic plan working out in the future and let them profit from it. Because they picked a good plan from the early beginning. They knew diversity is what the whole m4/3 system will take it to a higher level. And they are willing to bring diversity to the m4/3 system. While Olympus acknowledge it, but reacts too slow to profit.

    Meanwhile I will await the arrival of Panasonic decent alternative for the Fuji X100, rumored to be announced fall this year. (september/october)

  • them43

    Yes, everyone please stop being so negative. Remember. Olympus incorporates the advantages of M4/3. Small size, small lenses. Panasonic has much larger lenses. Because of a major design disadvantage. Panasonic does not have in body stabilization so lenses are larger/heavier. The key design m4/3 is fast autofocus. Olympus just beat Panasonic to these key feature, autofocus speed has always been a DLSR advantage. First step to becoming a pro camera. And if this is phase detection, all manual m4/3 lenses can have autofocus confirmation.

  • them43

    Yes, everyone please stop being so negative. Remember. Olympus incorporates the advantages of M4/3. Small size, small lenses. Panasonic has much larger lenses. Because of a major design disadvantage. Panasonic does not have in body stabilization so lenses are larger/heavier. The key design m4/3 needs is fast autofocus. Olympus just beat Panasonic to this key feature, autofocus speed has always been a DLSR advantage. First step to becoming a pro camera. And if this is phase detection, all manual m4/3 lenses can have autofocus confirmation.

  • thephil

    Yes, everyone please stop being so negative. Remember. Olympus incorporates the advantages of M4/3. Small size, small lenses. Panasonic has much larger lenses. Because of a major design disadvantage. Panasonic does not have in body stabilization so lenses are larger/heavier. The key design m4/3 needs is fast autofocus. Olympus just beat Panasonic to this key feature, autofocus speed has always been a DLSR advantage. First step to becoming a pro camera. And if this is phase detection, all manual m4/3 lenses can have autofocus confirmation.

  • thephil

    Olympus does NOT have to match Fuji x100. Why? Because Olympus already beats Fuji’s x100’s image quality. X100 image review at F2.0 was inferior and very blurry. Image Quality = plastic lens. Don’t believe it? Cuz x100 perception of quality is false. (test shots posted on this forum proved F2.0 was extremely low quality and blurry. (the web source review actually removed the X100 f2.0 image samples from his site since images were inferior)

  • grey ghost

    Well, that’s it. I’m jumping ship and getting that Nikon D5100. Had enough of the ‘this spec on this camera and another spec on another camera’ game. Oly – just roll all hte specs into one beautiful camera equal to or better than the X100. I’ll buy two.

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