I was just handed the Olympus Stylus 1 camera by Olympus Imaging Singapore a week ago
A built in f2.8 zoom that goes from 28mm thru a whopping 300mm (full frame equiv), its a good deal smaller and lighter than the recently released M4/3 EM1
The Stylus 1 comes equipped with a 1/1.7" CMOS Sensor. It a toned down smaller sensor version of a m4/3 camera system but with a good number of functions ensuring full adjustability and customization. However dont be mistaken, this little beast packs quite a bit of wallop
I love the Ricoh-like lens cover thats built in
From Olympus' website:
f2.8 28-300mm* i.ZUIKO DIGITAL lens
The new i.ZUIKO DIGITAL lens developed for the STYLUS 1 boasts bright constant aperture f2.8. This bright lens enables shooting at fast shutter speeds, thereby reducing camera shake and subject blurring that tends to occur in dim scenes and telephoto shooting. This lens also makes beautiful background defocusing possible for three-dimensional images, and helps to reduce noise when shooting at lower ISO speeds.
The large, high-resolution EVF that helps to enhance concentration
It is important for the camera to have a viewfinder so that you can devote yourself to shooting while keeping an eye on the subject. The STYLUS 1 is equipped with a large, high-resolution built-in EVF. The EVF is different from optical viewfinders found on DSLR cameras in that it can assist when shooting in dark locations. It clearly projects the subject even under midsummer sun for a comfortable shooting.
DSLR style and refined control system
The body design is specifically created to accommodate comfortable viewfinder shooting. The STYLUS 1 is the result of pursuing the shooting style of DSLR users rather than thinking of it as a compact camera. The highly-functional grip lets you firmly hold the camera for long periods of time without putting strain on your fingers. The ever-popular Hybrid Control Ring is also included in response to demands from professional photographers.
Convenient basic functions
The STYLUS 1 is packed with convenient features for shooting, such as Full HD movies, High-Speed Movie, and various other movie and shooting functions.