Aaron MC: I am tentatively optimistic about this camera. I think that this is undoubtedly the G3 sensor, but it appears that Olympus has squeezed a lot of performance from the pipeline. It's still an old sensor, though, and I fear that it enters the market obsolete and will be made only more so with the release of the GH3.
From what I have read here, it is going to be a couple of years before the NEX lens lineup is where m4/3 is right now. And the lens seem to be larger and more expensive. We will see where it all goes, but right now, in my opinion, the m4/3 system looks like it has the right balance of performance and size for a compact camera system. Not bashing NEX at all (we own a 5N), just looking at the big picture.
This begs the question of which photos in a newspaper are "photojournalism". The photo in question on the cover of the wash post is not photojournalism. There is nothing about that particular moment captured that the article references. It was a shot of a bridge where a accident happened *in the past*. You could have just substituted a drawing and it wouldn't have changed the article.