I'm... sceptical.
Really sceptical. I understand that the camera itself is meant to be a higher end continuation of the X-E4, with current tech. I know that looking at prices, Fujifilm has been pushing their price enveloppe quite a bit, especially with cameras like the X-T50.
But we're getting at a point where the featureset and specs of the camera seems kind of "cheap" for the pricepoint.
I'm happy to see that 40MP sensor and IBIS in a camera of this form factor and shape, that also has an X mount and not a fixed lens. But at the same time, if we compare it to the X100VI : we leave out weather sealing, we leave out a larger, higher resolution viewfinder, we leave out the OVF.
And that is taking in account that the Lens + sensor + IBIS asembly in the X100VI takes more space inside the camera than the lens mount + sensor + IBIS assembly in the X-E5.
For the price it's being released at, we should at least have one : either weatehr sealing or a higher res viewfinder with higher magnification (Sony was able to fit a larger EVF in the A6700, why not Fuji? Why being stubborn in using that same 2.36M dot EVF with 0.62x mag that they have been using since the X-T10 released 10 years ago?
With the X-E3 and X-E4 being more entry level cameras I could understand the slight downgrade from the X-E2, but now the X-E5 is back at a price level where the consumer should look a little bit more in detail about the stuff they're buying, and a 2013 X-E2 has a better EVF than the X-E5 right now. This is pretty sad, especially considereing the price.
As for weather sealing, well I cannot say much except the X100VI has it, there is no reason (that I would accept) on why the X-E5 cannot have basic sealing (rubber gaskets on the buttons, dials and battery / ports / card doors), even if they don't go to the same lengths as they did with the X-H2 bodies. Hell, the A6700 is weather sealed. Even the Nikon Z50II is weather sealed, and it's 800 USD cheaper.
There is no denying the camera looks great. Takes awesome images. Is pretty small, and ticks a lot of boxes that Fuji shooters were hoping the X-E5 to tick. But at this price there are several things I cannot look past. Especially when cameras like the X-T5 end up at a very similar pricepoint.
Add 300 USD to the price of the X-E5 and you can have a stacked sensor beast that is every bit as stylish as the X-E5 in the form of the OMDS OM-3.
I don't want to hate on the camera, but man the price makes it really hard to do so.