As you know the new generation E-PM and E-PL camera were usually always announced together (September 17, 2012 and June 30, 2011). But according to one anonymous source this isn’t going to happen this year. He only heard about the new E-PL camera and it’s going to replace both the E-PL5 and E-Pm2.
If that’s true than not only Panasonic (no G and no GF) but also Olympus is finally streamlining their PEN range. It makes much more sense to keep the E-PL as low-budget PEN and the E-P as high-end PEN series. But while I am sure about the Panasonic not updating the G and GF series in 2014 I still have no 100% sure confirmation from trusted sources about the E-Pm series being dropped. So this is just a pure unconfirmed rumor for now.
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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