Thinking of switching from full frame to Micro Four Thirds. My FF gear is great, but I’m not using it enough—and it’s heavy and expensive.

Goal: small, high-quality kit.
Current plan:
- OM-3 + 12–45mm f/4 PRO
- Add 17mm and 25mm f/1.8 (both weather-sealed)
- Eventually add 40–150mm f/2.8 for wildlife + intimate landscapes

I know the 40–150 is big on this body, but I’m fine with that. I’ll use a grip or support it by hand.

Anyone using this setup?
Would love to hear how it handles overall—and if you’d suggest any changes.
Ok, on to the lenses.
I bought the OM-3 + 12-45mm kit. I've had the Olympus 12-40mm f/2.8 for 10 years now, but since I was buying a light weight set of lenses, I figured to get the 12-45mm lens as well. If weight/size/cost is an issue, the 12-45mm f/4 appears to be a great lens. I've used for some shots and it is great. That being said, I suspect I will more likely go out with the 12-40mm f/2.8 lens, even though it is 128g (0.3lbs) heavier. For indoor shooting, the f/2.8 can be helpful, but generally, the f/4 (or using the primes) should be ok.
I do find with my thinner bodies, that the 12-40mm is typically the largest lens I want to shot without having a grip. The issue is how the camera feels when I'm holding the camera in just my right hand. With the leather 1/2 case, the heavier 12-200mm f/3.5-6.3 lens is also ok.
The 17mm f/1.8 mark II is a joy to use with the OM-3. I have the larger 17mm f/1.2, but on the OM-3, I likely will use the 17mm f/1.8 mark II.
I do have one issue with the 17mm f/1.8 mark II. I've been having problems grasping small things, and I find it hard to remove the 17mm f/1.8 because the lens is so tiny. So I got a filter wrench, and it allows me to remove the 17mm lens more easily (along other similar short lenses).
In the past I briefly owned the 12mm f/2 and 25mm f/1.8 lenses, and I found that for me, I just wasn't using them, so I sold them.
I've had the Panasonic 20mm f/1.7 mark I lens for years, and when I was dropping the large amount of cash to upgrade this spring, I got the OM 20mm f/1.4 lens to replace the Panasonic 20mm f/1.7 lens. Now, I had found in the past that sometimes 20mm is just too long of a lens to use for indoor shooting (15-18mm seems to be my sweet spot). So I'm still wonder if I'm going to use the 20mm all that much. Some of the reviews indicate the 20mm at times has purple fringing in strong backlight situations.
You mentioned the 40-150mm f/2.8. I have to admit, it is a wonderful lens (I bought it used in 2024). However, it is a rather heavy lens. You are going to have to balance cost/weight before getting it. One of the places it shines is for indoor theater. I recently did some humming bird photos with the OM-1 and 40-150mm f/2.8 on a tripod (using OIShare to capture the photo when a bird landed on the feeder). When I'm using the 40-150mm f/2.8 on the OM-3, I will use one of my two grips. Or given, I have multiple bodies, just use the 40-150mm f/2.8 with the OM-1 mark I.
An alternative to the 40-150mm f/2.8 is the 40-150mm f/4. It is a lot lighter and cheaper, though obviously it is 1 stop slower.
You didn't mention a longer lens. I had picked up the 100-400mm f/5-6.3 in 2024, and when I got the lower weight lenses this year, I picked up the 75-300mm f/4.8-6.3. Now, 75-300mm is not splash resist and it 'only' goes to 300mm. I find for some of things I want to photograph, that the subject really needs a 400mm lens, but a lot of times, the 75-300mm is a lot lighter, and reasonable for high focal length shots.
I tend to like using a super-zoom for outdoor shots, since I don't have to change lenses so often. For about 10 years, my super-zoom of choice was the 14-150mm f/4-5.6 (both mark I/II, note only mark II is splash resistant). I have shot with the 14-150mm f/4-5.6 mark II in quite a few wet situations, and I can vouch for it being splash resistant. For the OM-3, I tend to think the 14-150mm f/4-5.6 mark II fits the smaller body (and it is cheaper/lighter).
In 2020, I did upgrade to the 12-200mm f/3.5-6.3, and I find having the extra wide angle and telephoto helps. In 2021-2024, the 12-200mm f/3.5-6.3 was my most used lens.
One other lens to think about picking up is the 60mm f/2.8 macro lens. I like using the 60mm for tripod macro shots, using the focus stacking option to combine 8 shots to give me more depth of field.
Note, OM-3 no longer comes with the clip-on FL-LM3 flash. If you find one, it works well to give a bit of highlight fill, and it is fairly small and splash resistant. Outside of the FL-LM3, I find Godox has a bunch of interesting flashes. The TT350O flash isn't that big that it would overwhelm the OM-3 (like the FL-900R does).
Due to European regulations on e-waste, the OM-3 and OM-1 mark II no longer come with an A/C wall wart to charge the battery. Normal phone chargers will work, but you will get the fastest recharge if your A/C wall wart provides USB C-PD (power delivery) and the charger can deliver at least 18 watts of power. If you get the external battery charge (BCX-1), note that charge requires USB C-PD that can provide at least 27 watts of power.