Right now Sunset Electronics is selling the E-M5 body for $869.95 (Click here) and the E-M5 with 12-50mm lens for $1,109.95 (Click here). That’s $50 less than the current price at Amazon and BH. Of course it ships for free.
These are now among the lowest price we have seen on new E-M5 bodies. So if there will be really a low end OMD model it will have to be priced very low (like $600-$700). That camera will have to compete against the brand new Panasonic G6.