Finally we can see a professional and more detailed ISO test comparison between the Olympus E-M5 and other cameras: All JPEG and RAW ISO samples can be seen and downloaded by Focus Numerique (Merci!!!).

Or click on the camera names below to open the full size images from Focus Numerique:
ISO 200: E-M5 vs G3 vs NEX-7 vs V1 vs G1X
ISO 400: E-M5 vs G3 vs NEX-7 vs V1 vs G1X
ISO 800: E-M5 vs G3 vs NEX-7 vs V1 vs G1X
ISO 1600: E-M5 vs G3 vs NEX-7 vs V1 vs G1X
ISO 3200: E-M5 vs G3 vs NEX-7 vs V1 vs G1X
ISO 6400: E-M5 vs G3 vs NEX-7 vs V1 vs G1X
ISO 12800: E-M5 vs NEX-7 vs G1X
ISO 25600: E-M5

P:S.: Full name and specs of the other cameras: [shoplink 22077]Panasonic G3[/shoplink], [shoplink 25396]Sony NEX-7[/shoplink], [shoplink 25767 ebay]Nikon V1[/shoplink], Canon G1X.

And here are the conclusions from Focus Numerique:
– There is a significant gain compared to models equipped with a Pen 12MP sensor.
– On pictures taken at 200, 400 and 800 ISO, noise is almost imperceptible, even on flat colors and dense areas. Overall, the images are well detailed with good accent and dynamics is a good level.
– At 1600 ISO, you’ll notice the first details are starting to fade, but this is minimal and at 20×30 print, these small damages will be virtually invisible.
– At 3200 ISO, the images retain a good performance and the images are quite similar to those made in 1600. Dynamics is still good, fairly flat areas clean as the densest areas.
– AT ISO 6400 the details are blurred and the dynamics goes down. The grain remains quite acceptable
– The two higher values ​​(12800 and ISO 25600) are more problematic. The grain becomes coarser and dynamics down another notch.

Your thoughts: Now share your point of view and analysis! What did you learn from those images?

Note: Also Focus Numerique believes the E-M5 uses the same Panasonic G3/GX1 sensor.

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E-M5 preorders (Click on the names of the stores to see the product page):
Black E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany and Amazon Japan.
Silver E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany, and Amazon Japan.
Black E-M5 body with 14-42mm lens at Amazon, Adorama, BHphoto and J&R.
Black E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Redcoon Deutschland, Amazon UK, Amazon Deutschland and Amazon Japan.
Silver E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Amazon UK, Amazon Deutschland and Amazon Japan.

UPDATED: Robin Wong posted his first part of the E-M5 review (Click here). He tested the dynamic range, resolution and sharpness of the images and that is what he writes: “I cannot believe what I have just said there !! Olympus camera, ISO6400, with no traces of chroma noise, with non-ugly luminance fine grains only. The first time I saw the images, my eyes almost popped out of the sockets too, I know.” Read his review to check out if that is really true! :)

E-M5
The polish website M43 (Click here) tested how effective the new image stabilization works. Up to four stops the image stabilization is very effective. Only from the fifth images really can get blurry.
Full size JPEG and RAW image samples can be seen and downloaded at Photographyblog (Click here). Some more images at Yugatech (Click here). And E-M5 image samples of the Auto Geneva show have been posted by Sulanto (Click here).

Lenses
Also the 12-50mm kit lens has been reviewed at ePhotozine (Click here): “The compact size and excellent splash-proof build are both excellent features of this lens, but I can’t help but feel a slightly larger lens with a maximum aperture of at least f/5.6 at the telephoto setting would be more appealing.”
Sigma 30mm f/2.8 EX DN Photos at Photographyblog (Click here).

E-M5 preorders (Click on the names of the stores to see the product page):
Black E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany and Amazon Japan.
Silver E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany, and Amazon Japan.
Black E-M5 body with 14-42mm lens at Amazon, Adorama, BHphoto and J&R.
Black E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Redcoon Deutschland, Amazon UK, Amazon Deutschland and Amazon Japan.
Silver E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Amazon UK, Amazon Deutschland and Amazon Japan.

The ISO comparison from Quesabesde (Click on it to enlarge)

Our Spanish friends from Quesabese (Click here) tested the E-M5 image quality and wanted to know if the “mysterious” [shoplink 29074]E-M5 sensor[/shoplink] performs as good or better than the [shoplink 26836]Panasonic GX1[/shoplink]. Their test shows that the E-M5 not only beats the GX1 but also is damn close to the [shoplink 26379]NEX-5n (Sony’s bestseller cam)[/shoplink]! I really don’t know who made that E-M5 sensor but one thing is sure, the E-M5 really catched up with the best APSC sensor. And I am really happy for Olympus! But I think the GX1 image quality in RAW will almost catch up with the E-M5. Panasonic always had been a little behind Olympus in terms of Jpeg rendering.

Two more E-M5 news: Full size JPEG samples to download at FourThirdsUser (Click here). New image samples by Gabrielle Motola (Click here). The Silver E-m5 is the most preordered at Amazon (Click here to see the ranking).

E-M5 preorders (Click on the names of the stores to see the product page):
Black E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany and Amazon Japan.
Silver E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany, and Amazon Japan.
Black E-M5 body with 14-42mm lens at Amazon, Adorama, BHphoto and J&R.
Black E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Redcoon Deutschland, Amazon UK, Amazon Deutschland and Amazon Japan.
Silver E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Amazon UK, Amazon Deutschland and Amazon Japan.

It’s time for a new Olympus E-M5 news roudnup and let’s start with non-english websites:
The korean blog Danawa (Click here) posted the first asian review. Scroll down to see their tests and image samples. An ISO test has been publsihed by the polish website Fotopolis (Click here). Again in Poland you can find high iso and dynamic range tests with downloadable *.orf RAW files:
http://www.m43.eu/testy/olympus-e-m5-pierwsze-wyniki-testu-poziomu-szumow/
http://www.m43.eu/testy/olympus-e-m5-ma-rzeczywiscie-swietna-dynamike/

Let’s go back to native english websites:
Image samples can be found at Whatdigitalcamera (Click here). And Gabrielle Motola (Click here) is particluraly impressed by the “fantastic” dynamic range of the camera. Ayton (Click here) did an imposisble E-M5 versus 5dIII versus D800 specs comparison.

E-M5 preorders (Click on the names of the stores to see the product page):
Black E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany and Amazon Japan.
Silver E-M5 body at Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany, and Amazon Japan.
Black E-M5 body with 14-42mm lens at Amazon, Adorama, BHphoto and J&R.
Black E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Redcoon Deutschland, Amazon UK, Amazon Deutschland and Amazon Japan.
Silver E-M5 body with 12-50mm lens at Amazon, Adorama, BHphoto, J&R, Jessops, Amazon UK, Amazon Deutschland and Amazon Japan.

I like Seb Farges creative way of testing m43 stuff. The video on top shows the [shoplink 29455 ebay]SLR magic 50mm f/0.95[/shoplink] lens used with the [shoplink 25880 ebay]Berthiot Tiny Cinemascope 2X[/shoplink] lens. Great work!
I take the chance to ask you to send me your best work from time to time. Tomorrow I am going to post an article with a list of links to readers work. If you have something special to show to our 43rumors readers drop me a message at 43rumors@gmail.com! Thanks!

P.S.:
The Berthiot 2x lens can be found on [shoplink 25880 ebay]eBay (Click here)[/shoplink] Same thing for the SLR magic lens on [shoplink 29455 ebay]eBay (Click here)[/shoplink]

On left the image quality of the [shoplink 29074]Olympus E-M5[/shoplink]. Ont he right the [shoplink 23568]Olympus E-P3[/shoplink].

Pekka Potka is doing an amazing job in these days and keeps us posted with all his findings about the new [shoplink 29074]Olympus E-M5[/shoplink]. The latest post includes an image comparison between the E-M5 and E-P3 (Click here to see it): “E-M5 is markedly better in every regard: sharpness, signal to noise ratio, dynamic range… . At higher ISOs E-M5 gains about two stop improvement. This result comes from new sensor with more resolution and better pixel per pixel quality, thinner low pass filter and impoved JPG processing.”

Of course these is a JPEG image comparison but Pekka promised to post some RAW comparison soon too! But looking at the results I really hope Olympus will update their PEN line soon. The difference is huge! Pekka also tested the Af speed with 4/3 lenses a (Click here) and explained the dial configuration on the E-M5 (Click here).

More E-M5 bits: A japanese test at Nikkei (Click here). Image samples at Itmedia (Click here) and Flickr (Click here). And first music clip made with the E-M5 on youtube (Click here). The video quality is good but the music is terrible :)

And here is the Full E-M5 Preorder list (Update with J&R links):
1) Black E-M5 body at
Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany and Amazon Japan.
2) Silver E-M5 body at
Amazon, Adorama, BHphoto, J&R, Warehouse UK, Redcoon Germany, and Amazon Japan.
3) Black E-M5 body with 14-42mm lens at
Amazon, Adorama, BHphoto and J&R.
4) Black E-M5 body with 12-50mm lens at
Amazon, Adorama, BHphoto, J&R, Jessops, Redcoon Deutschland, Amazon UK, Amazon Deutschland and Amazon Japan.
5) Silver E-M5 body with 12-50mm lens at
Amazon, Adorama, BHphoto, J&R, Jessops, Amazon UK, Amazon Deutschland and Amazon Japan.
6) FL-600R wireless flash at
Amazon, Adorama and BHphoto.
7) MMF-3 Four Thirds adapter at
Amazon and Adorama.
8.) HLD-6 power battery holder at
Amazon, Adorama and Amazon Japan.

DxO is heavily testing our m43 lenses and the Leica really looks like a stellar performer:
Panasonic-Leica 25mm f/1.4 review at DxOmark (Click here): “Our measurements of the Panasonic-Leica lens confirm that micro 4/3 lenses are quality optics, with results at least as good as those for entry-level APS-Cs.”
Olympus M.Zuiko Digital 17mm f/2.8 review at DxOmark (Click here).

More lens reviews/news:
Olympus M.Zuiko 45mm f/1.8 Review at Admiringlight (Click here) and Damian (Click here).
Crazy test – Pansonic 20mm f/1.7 vs. Olympus 14-35mm f/2 (Dpreview).
Panasonic Lumix G Vario 45-200mm f/4.0-5.6 MEGA OIS Lens Firmware Update (ePhotozine).
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Shop search links for the mentioned lenses:
Panasonic-Leica 25mm at [shopcountry 23110].
Olympus 45mm [shopcountry 23577] Panasonic 20mm [shopcountry 14796] (out of Stock in ALL US stores).
The superb Olympus 14-35mm f/2.0 on [shoplink 25320 ebay]eBay (Click here)[/shoplink]