E-M1 vs. A7II Thoughts

Just my two cents.

You are not going to find the EM2 "the perfect" or "almost perfect" camera. The new sensor isn't as good as you are already expecting- it will be a bit better at best than the PenF's/GX8 and that won't come close to the FF performance you are seeing.

The new EM2 will have the hand held super resolution mode apparently, which in some cases will give it quite the capability for high quality but it still won't match DR and ultimate ISO.

In fact, there is, and never pretty much will be a "perfect camera" - it's up to you and your needs and wants.  I love what Fuji is doing. I think they have the best JPEG engine and the image quality is quite superb- but the whole system was a bit bigger than I wanted, so I went m43rds even though I still love Fuji.

Is M43rds perfect? Perfect for who? Is Fuji perfect? For who? Are both perfect? Does that even exist?

It all depends on our priorities. I can tell you I will never touch a full frame A7 Sony as nice as its sensor is because I want to carry small.

Also having had the Sony RX100MKIV for a bit, I can't agree you found the sensor of it performing about the same at high ISO. Though it does perform quite remarkable for what it is.

Which comes to another important point.  In the end, me thinks-i you are interested in photography, you have to put a clear line knowing that buying different cameras, and doing things with them is not photography. That's just gear ownership, gear exploring, gear puzzle solving.

Nothing wrong with that if you have the means financially without skipping on food/retirement and all that (my opinion of course).  But it's so easy to mix both things and they are not the same.

Buy more stuff to play with. To make convenience. To expand capability in a domain. Never buy thinking because "it will make your photographs better."  It won't.

I only say this because in part of what you wrote, though you strike me as quite close to be able to see the difference if you don't already do.

Thanks for sharing your findings. I agree with you Olympus really needs to re-vamp those menus.