Back in April 2012 I first got involved with m4/3 with the Panasonic G3 + 14-42mm f3.5-5.6 + 45-200mm f4-5.6. Still have it, but mostly my wife uses it. Then in May 2012 I bought the following:
Olympus E-M5
Panasonic 14mm f2.5
Panasonic 20mm f1.7
Olympus 9-18mm f4-5.6
Olympus 14-150mm f4-5.6
Olympus FL-300R flash
I carefully considered the way I was going to mostly use the camera (travel) and based on my extensive experience doing that for many years I selected the gear I wanted. Worked out pretty well and figured as far as lenses were concerned I was pretty much done. Well, in the past 11 months I have also bought the following:
Olympus E-M10 + ECG-1 grip
Olympus 9mm f8 fisheye bodycap
Olympus 25mm f1.8
Olympus 45mm f1.8
The E-M10 was inexpensive (US$480) and it fixed or improved several aspects of the E-M5 that I didn't like. See my earlier post for more info about that:
http://www.dpreview.com/forums/post/55214783
The fisheye was because it was inexpensive, very small, very light, and could be used on rare occasions when I wanted that strange distortion and very wide view.
The 25mm f1.8 was just because after 3 years Olympus and Panasonic have still done nothing about the banding problem of the 20mm f1.7. With the good exchange rate these days the 25mm was a lot less than in the U.S. so I got it.
The 45mm f1.8 was a lens that I didn't really think I would have much use for, but here in Japan it was just too inexpensive to pass up. And it is quite small and light so I said to myself, "What the hell?"
Of course, if m4/3 had died or was almost dead then I wouldn't have spent anymore money on it.
In July 2012 it was predicted that by July 2014 Canon would have squished Olympus:
http://www.dpreview.com/forums/post/42118702
Well, July 2014 came and went. Maybe it will be July 2015?