New firmware released

• The smartphone application "OLYMPUS Image Share" now supports continuous shooting, live bulb shooting, and P/A/S/M and shooting settings (shutter speed, aperture, exposure compensation, ISO, and white balance) adjustments.
• It is necessary to update to the latest version of OLYMPUS Image Share.

http://www.bestmirrorlesscamerareviews.com/2014/01/03/an-unlikely-trio-the-olympus-pen-e-p5-meets-the-nokton-50mm-f1-1-voigtlander-15mm-f4-5/

http://www.bestmirrorlesscamerareviews.com/2013/10/25/going-wide-inside-the-museum-an-olympus-pen-e-p5-and-lumix-7-14mm-f4-gallery/

http://www.bestmirrorlesscamerareviews.com/2013/10/14/an-amateur-photographer-meets-the-olympus-pen-e-p5-will-sparks-fly/

Sharpness to minimum (-2) required for all Olympus video. Most Olympus video tests made by photographers with ugly AF-C, that don't care about right sharpness setting with video. AF-S/M helps use AF before recording and allow manual changes during recording.

AF is very speedy overall. Paired with prime lenses, such as 17mm f/1.8, or with larger zooms, such as the Panasonic Lumix G X Vario 12–35mm f/2.8 (a 24– 70mm full-frame equivalent), the E-P5 locked on its target as fast as you can expect any ILC to do so—it rivals what most DSLRs can do in this area.

Olympus’ Pen E-P5 is a well-thought-out, elegant little camera with enough imaging and performance prowess to satisfy a huge number of shooters.

Along with its compact size and the large number of lenses available for the Micro Four Thirds system, we think that the E-P5 is a fierce competitor in the ILC game. If you’re looking for a small, interchangeable-lens camera, this new Olympus definitely deserves serious consideration.

http://www.popphoto.com/gear/2013/09/camera-test-olympus-pen-e-p5

Kit lens performance:

Video res charts:

Photo Samples:

http://www.focus-numerique.com/test-1715/compact-olympus-e-p5-presentation-caracteristiques-1.html

Overall, the build of the E-P5 is on a very high level and the cameras controls are well laid out and generally feel great to operate.

The rear screen of the E-P5 is a high resolution 1M dot LCD that tilts down and up for easy viewing. The rear screen is clear and sharp, and unlike the OM-D’s, the E-P5′s screen doesn’t exhibit color shift depending on viewing angle. It’s also a noticeably slimmer panel compared to the OM-D’s rear screen.

Overall, the Olympus Pen E-P5 is a solidly built camera that is quick, responsive and fun to shoot. It has excellent image quality and the 5-axis IS is wonderful. The overriding thought I had while shooting with the E-P5 was that is was a slightly smaller OM-D E-M5, with a bunch of little improvements: more precise autofocus, shorter shutter lag, quicker response and a few really nice features like Wi-Fi and a built-in pop-up flash.

http://admiringlight.com/blog/review-olympus-pen-e-p5/

With the Olympus it is always compromise between stabilized but occasion pixelated footage. But what you get is extreme mobility, compare to normal camera and their steadicam/shoulder rig which take time to setup.

For me I will use Olympus for static footage which the IBIS does it best, coupled with prime lens you get those beautiful stabilized bokeh shoots like that wedding video which can't be achieved using normal zoom lens, (or you have to use tripod to get the same stabilized shot, but sometimes you don't have time for that), for the rest though I use Panasonic as the main camera since the image output is much more consistent.

For more moving footage the IBIS can be a problem, which the whole footage will shake, thus a steadicam is needed in this occasion.

@Renovatio, this video that I was talking about:

Great image, but look what happens as 3:00, the scene with the trees behind the couple. Pause it and see it at full screen, look how the couple becomes pixelated. It happens with the OM-D video with a lot of detailed scenes - and I guess that it happens with the E-P5 too.

@renovatio @vitaly_kiselev Yeah, even Robin corrected it in his blog post:

Update 2: The focus peaking mystery resolved! It has to be activated by assigning one of the custom buttons. I have tried and it worked well with the 25mm F1.2 CCTV lens I have. I shall dedicate a full shutter therapy session using the CCTV lens on E-P5 to test how well the focus peaking, in combination with the new VF-4 performs. I was VERY glad I was wrong in this regard. Apologies for causing unnecessary panic. Special thanks to Pekka Potka for pointing out the mistake and explaining how it worked.

These guys that only works with electronic lenses... :) But I've saw videos of the E-P5 with peaking and it have a annoying flaw: when engaged, the focus peaking causes a massive drop in the framerate of the LCD / Viewfinder - maybe even rendering it useless for video. I'm not even certain that peaking works in video. A search in Youtube could answer this.

Reagarding video quality, as far as I know it's the same quality of the OM-D. Very good in scenes with low details, but the codec seriously falls apart with a lot of detail (water, tree leaves, etc). In the OM-D thread there is a (very good) wedding video that shows it, as I remember - there is a small scene where the bride and the groom are in front of a bunch of trees and it becomes very messy (I can't find the video now because Youtube is blocked here in my workplace). Take a look there.

It was false claims that peaking does not work for manual stuff.

Robin is simply wrong here. Focus peaking works perfectly well with all manual lenses. Electric contacts are not needed, but of course FP can not be actuated then by turning focusing ring. It can be assigned to at least three different buttons, just pick your choice. Another matter is if a lens too soft to be able to give any sharp details at all…”

http://www.43rumors.com/e-p5-focus-peaking-does-not-work-with-manual-lenses-by-robin-wong/