I've had it for almost two weeks now, originally with the 14-51 zoom and since three days ago with the pancake. I've been following the development of the camera since the early, early prototype with the brown wood/Altoid tin look from near two years ago. I even have an angry, ranty, dpreview style thread on it somewhere in this forum. Pros: Great size Feels solid Reasonably responsive For this size, unbeatable image quality Dynamic range is pretty nice, especially at lower ISO MAJOR Cons: Autofocus is slow, slightly faster with the pancake vs the zoom lens but more like P&S speeds than DSLR speeds. Can't do precise autofocus? i.e. autofocus still seems to be done on "areas" rather than "lines of contrast". This is a problem if you are trying to focus on a tiny near-field object and the camera refuses to lock onto because of it's size. Controls are a bit fiddly. It has two control wheels: one silver vertical roller and one circular dial around the menu buttons. The dial is poorly designed. While spinning it, I often press the menu buttons by accident. Minor Cons: Not DSLR responsiveness Unnecessary menu animation everywhere (slows down usage) No flash and viewfinder Olympus's RAW software is crap Histogram is placed in the bottom middle of the image and is huge Misc comments: I much, much prefer the pancake, the zoom has to be extended before it can be used. Olympus's RAW software is crap, try using their "Studio" version instead of their "Master" version in trial mode until Adobe releases an updated Lightroom or ACR. No specific comments on lens performance yet though no show-stoppers so far. Conclusion: Flawed but still fun to use. Capable of good results but people who like cameras with a very "seamless" feel (like a rangefinder) will be disappointed.