Your experiences with both the Oly 14-42 II kit lens and the Oly 12-50?

I bought the OM-D with the 14-42 rather than the 12-50 because I wanted the compactness. Optically speaking, I find it quite decent.

These are a couple of landscapes I've shot with it that I've printed at 15x20" that look fine. I've pixel-peeped it against the Pany 20 (at the same FL) and while the 20 is definitely crisper, you have to look at them side-by-side to see the difference. At more normal print sizes the average person will probably be very happy.