I was considering getting one until I read the fine print: http://www.loreo.com/pages/products/loreo_lenscap.html "It is a self-contained unit that mounts directly onto the camera body and does not need any supporting lens. This means that it does not work with SLRs which do not have detachable lenses, such as the Olympus E series digital cameras." They claim the E- line from Olympus has its own lens built in... but not my E-500... (or the e-410, e-400, e-510,, or the e-1) I'm just curious if I'm missing out on anything. Being able to turn the SLR into a point-n-shoot would be nice. I guess I could buy a converter ring for one of the supported mounts..