They're good in their own way. Check out the reviews and decide for yourself. Go to the shop ... play with both of them and decide for yourself. Sensor size doesn't mean everything. It doesn't produce miracles. Don't get me wrong. I own both an EP1 and DSLR. I'm just stating the fact. Some of the worse photos I've seen come from DSLRs too! Merry Xmas.
I am a Canon 450d user, and while it is superb in many ways, its still bulky. And I am looking for a micro 4/3rds camera that has DSLR quality in a smaller package ie EP-1 or GF-1. If i had bought an EP1 first, I'm not sure if i would have ever graduated to a DSLR. I got a 450d cos there was nothing at the time with the quality i was looking for at the size i was looking for. So I opted for quality instead of size.
For me, get the EP-1. As a noob, i think getting that first is your best bet. You get video to boot! You only really need the 450d for more demanding applications like studio shoots with flash, etc. For holidays, street shooting and general use, i think the EP 1 is the way to go. 2c.
i have seen a lots of photo from the gallery from ep1 & 450d ,both perform very good quality images .
i like the size of the ep1 but just worry in case i need to use flash for some situation (backlight) .
other than the flash no problem ......straight away go n buy ep1 already.
as long your friends knows that Canon camera is not international warranty but in some cases, i have heard that Canon SG can convert the 1 year warranty to 6mth local one just that dont know if need to pay or not.