Step forward in image quality over "large" sensors 1/1.8" and 1/1.6" in compact cameras. Future of compact-cameras rely on 4/3 technology, no more tiny sensors!
+ rock-solid build quality
+ very-very nice retro-look
+ good looking 720p videos with nice DOF, although not for serious film-making
- slow and noisy auto-focus
- not so good dynamic range, pretty strong noise when doing post processing in Photoshop