I am with you somewhat actually. Like you I'm "late to the game" and like you I tried out a micro 4/3rds before but it didn't quite work for me at the time. I'm trying again, and so far--
so far , I'm doing better & think I'm more "ready" for it.
In my case I got the E-PL1 both times, which is a LITTLE newer. I only paid $215 for it with the original 14-42mm this second-time around. I've seen the E-P1 for sale but reports of its sloooow autofocus scared me off. Granted, the new models are faster focusers than the E-PL1, but even the E-PL1 from what I've read is faster than the E-P1. It also does squeeze out that tiny bit of extra quality from what I've read, and the built-in flash will help if I need to use "fill-in" for outdoor portraits. It doesn't have as many controls as the E-P1, but I've acclimated to its way of working pretty well. (I would really like it if I could assign ISO to the red-dot button though.)
Also, I am about to upgrade the "original" 14-42mm to the newer 14-42mm II (found one for $110), which itself will speed up autofocus (and I know I won't encounter the "lens wobble" issue, although I haven't encountered it this second-time around so far it
seemed as though I did the time before, which was one of the reasons I left for awhile. I wasn't ready to deal with it just yet, even if "dealing with it" was as simple as getting a different lens.) The GF1 tempted me, but besides costing more (although it's coming down some now) the Olympus JPEG engine appeals to me, as I'm trying to not only do away with equipment-lugging hassles but also being compelled to shoot in RAW as much.
Yes, I am loving having a camera that takes photos that come close to matching my Nikon D5000 12mp d-SLR for image quality and lets me change settings like on a d-SLR yet is small enough to always be with me. For now anyway d-SLRs are still king & I will still have a good one (in fact I'm about to upgrade the D5000 to the newer D5100) but to have something in the 12mp Nikon D5000 league always with you--it's great.
If it were more than an "experiment" & I wasn't maintaining the Nikon system also, I'd be inclined to go all out & get lenses like the 17mm f/1.7 for landscapes, the Panasonic 20mm f/1.7 for "compact walkaround" and the 45mm f/1.8 Olympus for portraits. (For that matter I'd have an E-P3 if I were
really serious.) I
did get the Nikon to m4/3rds adapter for $11 that will let me mount my old 50mm 1.8 manual-focus lens from the 80s & use it in aperture-priority mode, I'm looking forward to trying that.
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LRH
http://www.pbase.com/larrytucaz
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