I hate olympus and 4/3rds, along with the quality of most point and shoots, my cell phone practically does just as good as most. Micro 4/3rds is what olympus should have been to begin with. The EP-1 is a pretty cool camera, but this GF1 with the 20mm f/1.7...friggin awesome. The DPreview samples look pretty ok too. Panasonic unveils DMC-GF1 Micro four-thirds camera: Digital Photography Review And it's got a viewfinder, and built in flash! This is my ultimate point and shoot. Just wish it wasn't $900. Once I can get it through work between 400 and 500 bucks i'm going to get one and keep it with me all the time. Perfect for size/quality comprise. I can see it being so discreet too with the VF. quiet, small, black, with a 20mm pancake.. sa-weet! This is the first time i've been genrally excited and serious about buying into anything on the 4/3rds mount because face it.. regular 4/3rds sucks and defeats the purpose of having a quarter size sensor. The E3 and 14-35, or 35-100 are not small. Not to mention, the lenses are way more expensive then the canon or nikon equivalents, even the new ones!!