Olympus Ep-1

At first glance, the Olympus E-P1 digital camera looks like very much like a classic rangefinder from the film era. But that only speaks of the camera’s physical aspects. In actuality, it is more like a modern digital SLR. It includes interchangeable lenses, a 12.3-megapixel image sensor, and even support for Raw and 720p video recording. As an added bonus is the compact size of the new model. In fact, if you placed an iPhone over the back of the camera, it would be able to cover everything but the top aluminum plate where the shutter release and hot shoe sit. And even with the 14mm – 42mm kit lens attached, the depth is only a mere 3 inches.
The camera’s small stature is due to the Micro Four Thirds standard. The E-P1 uses the same sensor size but miniaturizes its other components. They took out the traditional finder and mirror box so that means there’s no optical viewfinder built into the camera. You instead compose shots on the 3-inch LCD screen that reduced the area needed for the back lens flange by half. The lens mount is 6mm smaller in diameter but you still get DSLR capabilities despite its smaller package.
Olympus also beefed up the electronics found inside. It boasts of the new TruePic V image processor. Low light performance and color fidelity are enhanced as well. The camera’s Shadow Adjustment Technology that opens up dark areas in the scene makes you see pictures in their clearest and most vivid forms.