Surprise! Olympus announced the E-PL1s! It is a slightly tweaked version of the existing E-PL1 (it now shoots at 6.400 ISO and it also comes in red). It uses the new BLS-5 battery instead of the BLS-1 (To meet the new safety standards for lithium-ion rechargeable Electrical Appliance and Material Safety Law). But the most interesting news is the new version of the current 14-42mm kit lens…the M.Zuiko Digital 14-42mm II 1:3.5-5.6 kit lens! It has MSC (Movie and Stills Compatible) designation and it is smaller and lighter (112g= 25$ lighter) than the current version. The new kit should be released in Japan by December the 4th. The price of the lens only is 36,750 yen (US$440). There is no info about the possible release date in Europe and US/Canada. I was told the new lens will be available worldwide very soon. But there is no plan to release the E-PL1s in non-japanese countries.