"Despite its small size, the E-PM2 has plenty to offer. At the top of the list is very good JPEG image quality, and though it's unlikely to be a key feature for the camera's target audience, RAW shooting is available. The now-standard (and lest we forget - Olympus-originated) Art Filters are on hand too, and they're a lot of fun to play with. For those just learning to use an advanced camera and eager to tweak settings, Olympus' Live Guide mode is available at the press of a button. And of course, advanced photographers can find manual exposure modes in the camera menu.
If you're interested in the E-PM2, for an extra $100 (~£100, going by street price in the UK), you could spring for the tilting LCD, external mode dial and removable front grip of the E-PL5. Photographers with larger hands may also find the ergonomics of the E-PL5 a better fit than the decidedly 'Mini' E-PM2, but there's not much in it."
No longer the stuff of rumors, here's the E-M5 straight from the horse's mouth:
Dials! Dials everywhere, OM-D=Oh My Dials? Olympus really means business with this one. No fancy designer needed here, just the best example of retrography this editor has ever seen, and yes, i include all the recent Fujifilms, and the Panasonic GX1. . . . read more
Thank you for the heads-up 43rumors, and Focus Numerique for the plenty raw files. And, Olympus for the actual camera :) After a quick review of the raw files in question i came up with an alternative title for this post: Olympus moves into aps-c sized territory. If this camera is half as good as the hype has it, Oly will not be able to meet demand for a long time.
P.S Lightroom won't open these raw files, use Raw Therapee, Olympus viewer (try with noise filter off for more crucial pixel peeping), Raw Photo Processor etc. . . . read more