I went the other round.
I bought em1 instead of em5 ii
1. I prefer em1 grip
2. Em1 comes with 12-40 lens. Deducting the lens price, let's say $1100, em1 is only $1350. Cheaper than em5ii
3. Yes I expect em1 ii to be out soon but Em1 version 3 firmware just out. Likely another 10 - 12 mths...