You have just discovered America.
The sensor is four thirds. The Micro 4/3 is the mirrorless mount.
FYI there are mirrorless with even smaller sensors (1" sensor, like Nikon 1).
Regarding the shape of the OM-D series it is just esthetic so to look alike the old OM SLRs (that had pentaprism).
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Victor
Bucuresti, Romania
he he. Except I have a new Canon EOS1300D as my entry into the digital world, so I shall not be purchasing a micro 4/3. I am already slightly bothered that my sensor is less than full frame (therefore less detail). I certainly don't want to go to an even smaller sensor!
I have been in (pro) photography for 55+ years and shared that same opinion.
I would never have considered anything smaller than FF, (or the dreaded APS because I felt that HAD to be inferior compared to FF).
But I went on an Alaskan cruise with a new lady I had met and decided taking all my dSLR's would take too much time from her, and the longest lens I had was 200mm and was concerned that was not long enough for an (offshore) boat cruise anyway.
So I tried a Sony HX-100 (1/2.3") w/ 800mm, (longest available at that time).
I was SURPRISED that I was AMAZED at the IQ as it
was much better than I expected.
I certainly won't say it was equal to FF/APS-DX, but seemed more than adequate for most purposes.
I then switched to a Nikon P-500 because it had a 22mm-EFL starting WA, (14mm had been my favorite lens back in FF days).
But I HATED that camera, (very SLOW and HDR was unusable).
So I then switched to Panasonic FZ-200 and LOVED its 600mm-EFL @ f/2.8.
I even successfully shot a wedding w/ FZ-200 and was able to include some panoramic's, and other things I would not have able to do with dSLR.
Then got the FZ-1000 for all its additional options/features.
I now find I have 10X more shooting opportunities and having 100X more "FUN".
I am selling 24"x36" from 1"-type sensor.
NOTE that there has been several posts here, (and OPEN forum), where no-one could tell the difference between a FA and 1/2.3" BSI sensor.
So while I fully agree FF still has a place and need, 1/2.3", (and now 1"-type BSI sensors), can be more than adequate for many, (especially beginners and "family" people that could enjoy the additional options and features possible w/ smaller sensor.