It's all quite subjective.
The most marvelous thing about full frame and larger formats (besides resolution and having more image area to work with) is the ability to, at a normal perspective (35-60mm) with a human-sized subject, have selective focus. However, this isn't appropriate for all shots.
The most marvelous thing about 4/3 is the ability to work with a deeper depth of field at a faster shutter speed. This also isn't appropriate for all shots (For the purposes of this discussion, I'm not interested in the deeper characteristics of equivalence and how ISO 100 on ideal 4/3 produces similar noise at the same depth of field and shutter speed and light condition as ISO 400 on ideal FF--save it for a dedicated equivalence thread, we haven't had one of those in a while). This, of course, also isn't appropriate for all shots.
If we're dealing with portraits, it's true, we don't have a way to completely obliterate a background like you can with an 85mm f/1.2. The only way to approach the results of a 105mm f/2 lens is to spend an absurd amount of money on Leica glass. For portraiture, an old 50mm f/1.4 gives me enough shallow depth of field.
People are getting magnificent full-body portrait results with no background with the 150mm f/2, but that's not really usable in a studio (you have to be at least 30 feet away from the subject, and then the background needs to be at infinity)
For all intents and purposes, there's no meaningful selective focus ability gained between 4/3 and APS. This is because the biggest difference between 4/3 and APS is in one dimension, with a very small difference in the vertical. 4/3 may be half the area of APS, but most of that is wasted on the sides.
If you want selective focus at normal perspectives and large subjects, you have to spend so much you're out of the 4/3 ballpark anyway (even moreso if you want IS), and while you can use the best FF glass on APS systems, you can't use the best APS glass on FF systems (which is, because of the design of the glass, far better on APS than the best FF glass is on APS), so why worry?
--
http://www.photoklarno.com