I have done some tests but they were inconclusive so far. Need to test more.
Just wondering if there is some indication that having both systems on at the same time leads to conflicts and general havoc.
The story is that with the E-M10 Mk2 and the 12-35/2.8 that you can leave IBIS switched on to any mode you need, then keep the lens OIS switch off to allow the IBIS to work.
If you need to test the OIS performance, then simply turn it on, the body firmware detects the lens switch on and automatically disables the IBIS, so there is no conflict.
Only the very old bodies (before E-PL5 in 2012) had problems. See my Timeline to sort out some of those details
http://homepages.ihug.com.au/~parsog/olyepl1/80-Oly-timeline.html and of course the Stabilisation Rules again at
http://homepages.ihug.com.au/~parsog/olyepl1/30-oly-stabilisation.html
Generally folks seem to say that OIS works better for extreme tele and IBIS for everything else. Not much point in choosing OIS when under maybe 100mm, but seems to be easier for handling and framing when say at 300mm and up. The main difference being that OIS stabilises all the time, while IBIS only during exposure and optionally only during shutter half press.
Folks vary in the way they handle cameras and that strongly affects the results they get from IBIS or OIS, so only individual testing will give an idea of what to expect. Stay off coffee or limit to only a couple a day does help.
I do use a mix of Panasonic and Olympus lenses on Olympus bodies and never bother using the OIS as the IBIS works so much better for me. Olympus/Samyang lenses from 7.5mm to 300mm in my case, but Panasonic with OIS available only in the range 12mm to 100mm. Maybe if I had the Panasonic 100-400mm then I may be trying OIS more seriously.
Not using OIS is no crime, but having it does expand the range of choices of bodies to buy amongst the Olympus and Panasonic range.
Like me, stuck on Olympus E-P5 and nothing from Olympus now makes sense for me but the GX9 or what follows it may be in my future to then take advantage of my OIS lenses.
Regards..... Guy