The diet Pro zoom

bluevellet

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Pros:
  • sharp, punchy IQ
  • snappy AF
  • well built, weather-sealed construction
  • all internal focus/zoom
  • constant aperture
  • reasonable physical size for the specs
Cons:
  • maximum aperture is F4
  • fits better on larger camera bodies
  • collapsible design will not please everybody
  • missing features from the Pro lens family
  • doesn't support 50 fps continuous shooting (OM-1)
  • exhibit chromatic aberrations in JPEGs
Early last year (2022), OM System (previously Olympus) came out with a short, telephoto zoom lens: the M Zuiko 40-150mm F4 Pro. Part of a long-awaited, midrange model from the company that has finally filled the void between the older/pricier 40-150mm F2.8 Pro and a host of low-end options. I purposely avoided the f2.8 lens because of its size and opted instead with the cheaper lenses for many years. But to me, this new F4 lens seemed right up my alley so I've upgraded to it.

While the F/4 maximum aperture may put you off for this type of application, this is quite a decent portrait lens.
While the F/4 maximum aperture may put you off for this type of application, this is quite a decent portrait lens.

If you're kind of new to photography, short telephoto zooms are not the kind of lens you get first. You initially try out standard/normal zooms or wide/normal primes to shoot interiors, people and vistas, the kind of range you usually get with a half decent smartphone. But short telephoto zooms can be a great second lens, giving you much more zoom range to shoot typically outdoors stuff like events, sports and some wildlife.

Compact and Solid

My first impressions upon seeing/handling this F4 zoom were very positive. Compared directly against the 40-150 f4-5.6 R (the popular, low-end telephoto lens many Olympus users are familiar with), the Pro lens adds about a centimetre in length and has more girth. Definitely comparable, superficially.

Of course, like all Pro lenses from Olympus/OMDS, you also get weather-sealing, something that is such a no-brainer for a lens that you are most likely to be shooting with outdoors. It should be standard with every lens of this type, but that is often not the case. So I am just glad that it's included here as I live in a country that often has wet and cold weather.

To quickly illustrate how the collapsible and internal zooming design compares to cheaper alternative lenses, I've made this collage pitting the 40-150mm F4 Pro versus the 14-150mm f4-5.6 II and the 40-150 f4-5.6 R. First photo shows the 40-150 F4 Pro collapsed whereas the other lenses are at their widest. Second photo shows all lenses at 40mm and ready to shoot. Last photos shows all three lenses at 150mm and ready to shoot.
To quickly illustrate how the collapsible and internal zooming design compares to cheaper alternative lenses, I've made this collage pitting the 40-150mm F4 Pro versus the 14-150mm f4-5.6 II and the 40-150 f4-5.6 R. First photo shows the 40-150 F4 Pro collapsed whereas the other lenses are at their widest. Second photo shows all lenses at 40mm and ready to shoot. Last photos shows all three lenses at 150mm and ready to shoot.

Design and build quality are two other big and obvious improvements. Like other Pro products from OMDS/Olympus, the F4 lens has an all black design, with a much sturdier construction. Whereas the low-end rival is all plastic (down to the lens mount even), the Pro lens is a mix of a metal frame (lens mount included) and a hard quality plastic exterior. The smoothness of the zoom ring is one of my personal highlights about it: It feels so nice and dampened.

However, the F4 Pro cheats in a way. Continuing the trend started by the Olympus 8-25mm F4 Pro, the 40-150 F4 is also a collapsible design. That means that the lens can retract itself to be at its shortest (at around 10 cm), easier to store and carry, but can not used in that form. To actually take photos, you need to twist the lens to make it come out of its collapsed position, adding 4 cm to its length. This can be irritating to some people because it adds a step to picture taking. A fair point. However in this case, I see the glass as half full because you merely have the option to put it in its collapsed form, but you don't have to. I keep mine ready to shoot at all times, unless it is really, REALLY... in storage.

But unlike the 8-25mm F4 Pro, once in its shooting position, the 40-150 F4 Pro stays that size. Zooming/focusing is all internal so the lens stays the same dimension regardless of the focal length. This is also in stark contrast to all low-end options, 40-150 R included, that go telescopic when zooming all in. This is hardly the first telephoto zoom that keeps it all internal, certainly the big Olympus F2.8 lens does it as well, but I think it is still a neat feature to have here.

View attachment a9b169b94a8445f48fa9a3a85eaa0c28.jpg
Although the zoom range of the 40-150mm F4 Pro can get you close to wildlife, it is often not enough for serious birding. Here a sleepy seagull luckily let me get closer and use hand-held high resolution mode to take a photo.

Shoot Sharp and Colourful Photos

When you jump right into picture taking, this is where the lens shines. AF is typical of many recent high-end m43 lenses. It's very responsive and seems only limited by the AF system inside whichever camera body you are using and your actual personal settings. So with better camera body tech and software in the future, the lens AF will only improve accordingly.

Photos are sharp, with saturated colours and overall beautiful rendering straight out of the camera. It is well suited for some wildlife, daylight events, landscape and what is too often neglected with that type of telephoto zooms: portraits.

Like most modern lenses, it is software corrected. That means that the optics in the lens create some distortions, aberrations and vignetting that are corrected in-camera after pictures are taken. The results matter more than how it is achieved so with straight-out-of-camera JPEGs, you get photos with little to no distortion and no vignetting to speak of. When you work with RAW files, your photo editor needs a lens profile for this lens to carry over the same software corrections you see in JPEGs. If not, or if you turn them off, you see the flaws. Though ironically, I often tone vignetting correction down because some vignetting help when your subject is at the centre of the frame. At least it looks better to my eye.

The OM System 40-150mm F4 Pro delivers sharp, colourful photos and the quality of the out-of-focus areas is smooth and visually pleasing.
The OM System 40-150mm F4 Pro delivers sharp, colourful photos and the quality of the out-of-focus areas is smooth and visually pleasing.

If I am picky though, there is one small flaw with software corrections: Chromatic aberrations are clearly visible in some high contrast scenes, at least in JPEGs. It's funny because all those aberrations automatically disappear when I open the RAW files in a program like DXO Photolab. I'm not sure which corners are cut in the in-camera JPEG engine, but shooting in both JPEG and RAW is definitely the way to go with this lens. Beyond fixing that flaw, I think it pays to work with the RAW files to extract quite a bit more IQ punch overall.

To be fair, the same could be said with many of the low-end telephoto zooms on m43, many of which are priced cheaply but pack a surprising amount of IQ. Working with RAW files can also enhance their output, but they can require more work. Sometimes, you do hit a wall with softness/coarseness. I find that, overall, if you've hit that same wall before and wanted to a step-up in image IQ, the 40-150 F4 Pro can be a way to "break through".

Is F4 Enough?

Indeed, F4, even constant F4, can be a downside for some people as not "fast/bright" enough. I think if we're talking strictly about exposure, then that can be a fair point. At the long end in not so ideal lighting conditions, (in-body) image stabilisation can only do so much (and there's no extra optical stabilisation in the lens to fall back on), you need a faster shutter speed to get sharp photos. To compensate, either aperture has to be brighter or ISO settings will be raised for proper exposure. One could argue that, at its maximal focal length of 150mm, the 40-150mm F4 Pro outmatches any of the low-end options by being a whole stop faster (f4 vs the typical f5.6) so it does help, but maybe not enough for some people. Hence why the 40-150mm F2.8 Pro lens exists. It depends on your needs and what you expect to do with a lens. A demo in the streets in broad daylight? F4 is no problem. An after-school, soccer practice for your kid? Same thing. Football match in the evening though? f2.8 might be preferable. Indoor concert? Maybe a bright prime then.

Works fine with pets.
Works fine with pets.

However, I am a lot more lenient with F4 when it comes to subject separation. In the old days when using compact cameras with tiny image sensors and slow lenses, the old trick of zooming all in could get you decent results. I've always found it ridiculously easy to do this with m43. Even full body shots at 100mm-150mm at f5.6 are well separated. Even more so at F4. Portraits are really beautiful with this lens.

However, if you're the kind of photographer who wants backgrounds completely obliterated, then I don't know why you're with m43 and why you are reading this review at all, just go straight to FF, get a prime over 100mm and something at least as fast as f2 and you might get something more to your liking.

Here comes the "diet" part

But not all is sunny with this lens. One particular sticking point for me is the missing features from most other Pro lenses, namely the function button and the pull-up manual focus clutch. Olympus (now OMDS) has been a bit erratic about which lenses have them or which ones do not. There is no official reason for the omission with this lens. It can't be for size concerns in this case since the 40-150 is bigger than some other Pro lenses that do sport those features. And i doubt it adds much cost to manufacturing, particularly the function button. This looks like a home goal to me. Now, it is true that some people don't like or don't use those features so this is a non-issue for them. Fair point, but since those features can be turned off, you would think a product that has the most optional features is more likely to attract a wider variety of potential buyers. Apparently Olympus/OMDS do not share that sentiment.

Even if you live in a sunny place, summer weather tends to bring people closer to water and the elements so weather resistance is still handy.
Even if you live in a sunny place, summer weather tends to bring people closer to water and the elements so weather resistance is still handy.

Another oddity is the lens was launched/announced alongside the OM-1 camera, a camera that sports an IP53 weather-sealing rating and can shoot with AF at 50 fps. The 40-150mm f4 can match that IP53 rating, yet is not compatible with the 50 fps shooting option (supports the more "standard" 25fps). Why? They went a bit too far with cost-cutting, affecting AF performance? I can only speculate. It seems like a missed opportunity in any case.

Furthermore, all the Olympus Pro telephoto lenses up to this point had the option of using Olympus teleconverters to extend their zoom range. As another puzzling omission, the 40-150mm F4 Pro does not officially support teleconverters. I suspect the reason is that it would have required to physically extend the size of the lens by a few centimetres to accommodate the protruding teleconverter lens element. I don't personally use teleconverters, so this is not a biggie now but I would have liked the option to change my mind. It won't happen with this lens though.

And a slight disappointment of mine is the minimum focusing distance. To put it in perspective, it's not that bad, it's more middle of the road for m43 optics. But most of the lenses on the Olympus/OMDS Pro line-up got me used to pseudo macro abilities and the 40-150mm F4 Pro does not meet that standard. In fact, it is even beaten by the "non-pro" Olympus 14-150mm f4-5.6 II (the 40-150mm f4-5.6 R performs much worse though).

What Do You Value?

Finally, the issue of price is interesting and may cause some dilemmas in some people. If you take US pricing as a benchmark, the 40-150mm f2.8 Pro sells officially at 1500 bucks, but the F4 Pro is a bit over half of that at 900 bucks. But if you compare the F4 Pro to the low-end 40-150 f4-5.6 R, the Pro lens is over 3 times as expensive. It's already being established the IQ is better in the Pro lens, but is it worth paying 3 times as much for it? Things get tricky with used prices. Currently, at the time of writing of this review, the faster yet older 40-150mm F2.8 Pro can be had for roughly the same price as the f4 Pro lens brand new. Being still relatively new, savings are more limited if you find the F4 Pro used and get you nowhere near the price of the 40-150mm f4-5.6 R brand new. Overall, just looking at the Olympus options, the 40-150 mm f4 Pro may be the poorest value for the money.

c247af75a119441f8be6e82f06a92b53.jpg

Although not exactly in the same category, I think super zooms are a strong alternative to strictly (short) telephoto zooms. A classic lens like the Olympus 14-150mm f4-5.6 II offers the same telephoto range as the 40-150mm F4 Pro on top of the missing 14-40mm wide to normal range. If you are willing to tolerate an image quality and speed hit, this is a tempting option for anyone looking for a single lens solution. Even if your standards are high, you also have the legendary Olympus 12-100mm F4 Pro (not pictured in this review as I do not own it!) which trades 100-150mm for 12-40mm while adding all the missing Pro features (focus clutch, function button, close minimum focus) and even adds the sorely missed optical stabilisation. The ultimate jack-of-all-trades kind of a lens on the system.

So, to sum up my thoughts, I believe the basics of this lens are solid. Good IQ, AF and construction. All things that make a lens worthy of consideration. Where it falters a bit is in their effort to trim the fat off of the bigger 40-150mm f2.8 Pro, it feels like the F4 version of that lens had a little much taken out of it. Not essential things that could sabotage it, but things that are still nice to have. Things that Olympus/OMDS spoiled us with in the past and that we rightfully expect to have again in the future.
 
Nice review and sample images, thanks! You put a lot of effort into it.
The 40-150mm f4 [..] is not compatible with the 50 fps shooting option (supports the more "standard" 25fps).
Shouldn't it work just fine at 50 fps in MF or S-AF autofocus mode? And maybe C-AF as well? I thought the lower fps only applied to C-AF+TR, but I may well have misunderstood.
 
I give this review five stars!

I would be thrilled if OM System released an f/4 90-250mm with the same optical performance and stowable design as this lens.
 
Nice review and sample images, thanks! You put a lot of effort into it.
The 40-150mm f4 [..] is not compatible with the 50 fps shooting option (supports the more "standard" 25fps).
Shouldn't it work just fine at 50 fps in MF or S-AF autofocus mode?
It does. You can even go to 120 fps on the OM-1 no matter the lens. But that is not the issue.

And maybe C-AF as well? I thought the lower fps only applied to C-AF+TR, but I may well have misunderstood.
Bingo. The problem is with any form of continuous AF, be it C-AF or Tracking. This is where the 25fps speed limit hits you with the OM-1. Only 6 lenses are officially supported and the 40-150 ff Pro is not one of them.



I really look forward to the G9II being released and more people getting their hands on it since officially, that camera has no such limits. It's supposed to be able to shoot with continuous AF up to 60 fps no matter the (m43) lens. I don't expect the 14-42mm EZ kit zoom or the Lumix 20 f1.7 to be shooting reliably at those speeds, but the results with other more high performance lenses will be interesting. If the G9II can't make the 40-150 F4 Pro shoot reliably at 60 fps then it is probably a hardware (lens) issue.

But if the G9II can, then it is mostly likely software related and the possibility of a firmware update on the OM-1 to expand the list of compatible lenses is plausible (like the list of lenses which can do focus stacking was expanded on past OM-D cameras).

We'll see. :)
 
Bingo. The problem is with any form of continuous AF, be it C-AF or Tracking. This is where the 25fps speed limit hits you with the OM-1. Only 6 lenses are officially supported and the 40-150 ff Pro is not one of them.
Thanks for the clarification! I don't think I've ever shot a subject where 50 fps would be a meaningful improvement over 25 fps, but for a photographer who shoots dragonflies or bullet trains that might be different! :-)
 
Bingo. The problem is with any form of continuous AF, be it C-AF or Tracking. This is where the 25fps speed limit hits you with the OM-1. Only 6 lenses are officially supported and the 40-150 ff Pro is not one of them.
Thanks for the clarification! I don't think I've ever shot a subject where 50 fps would be a meaningful improvement over 25 fps, but for a photographer who shoots dragonflies or bullet trains that might be different! :-)
Golf swing….but, then, you don’t need AF 😀
 
Excellent review! Thank you for taking the time to write it!
What Do You Value?

Finally, the issue of price is interesting and may cause some dilemmas in some people. If you take US pricing as a benchmark, the 40-150mm f2.8 Pro sells officially at 1500 bucks, but the F4 Pro is a bit over half of that at 900 bucks. But if you compare the F4 Pro to the low-end 40-150 f4-5.6 R, the Pro lens is over 3 times as expensive. It's already being established the IQ is better in the Pro lens, but is it worth paying 3 times as much for it? Things get tricky with used prices. Currently, at the time of writing of this review, the faster yet older 40-150mm F2.8 Pro can be had for roughly the same price as the f4 Pro lens brand new. Being still relatively new, savings are more limited if you find the F4 Pro used and get you nowhere near the price of the 40-150mm f4-5.6 R brand new. Overall, just looking at the Olympus options, the 40-150 mm f4 Pro may be the poorest value for the money.
Agree, although compact size and a lighter weight might be important enough to some to make it worth the price. Worth mentioning that the Panasonic 50-200mm, which is de facto an f4 lens for most of its range, weighs about 250 gm more to add 50mm to the long end (effectively, a 40-150mm f2.8 with a built-in 1.4x TC) and goes for $900-ish for used prices sometimes.

Some days back, I saw an eBay listing for the 40-150mm f4 which misidentified it as the 40-150mm f4-5.6 :-) and priced it for sale at less than $300 in open box condition. I still did not buy it because it does not meet my needs (too short, not bright enough) and $300 is $300. I could have resold it for a nifty profit but that's isn't the nicest thing to do.
This photo worries me, because you can see strong onion rings in the bokeh of the buildings, especially the glass buildings behind the woman taking a selfie. Also some double-onion rings. That IMO is a bigger problem than the f4 aperture itself.

--
Central India --> Pacific Northwest. Favorite lenses: Olympus 300mm Pro, 8mm Pro. Favorite subjects: leopards, swallows, ospreys.
 
Bingo. The problem is with any form of continuous AF, be it C-AF or Tracking. This is where the 25fps speed limit hits you with the OM-1. Only 6 lenses are officially supported and the 40-150 ff Pro is not one of them.
Thanks for the clarification! I don't think I've ever shot a subject where 50 fps would be a meaningful improvement over 25 fps, but for a photographer who shoots dragonflies or bullet trains that might be different! :-)
Or swallows: https://www.dpreview.com/forums/thread/4712638
 
Bingo. The problem is with any form of continuous AF, be it C-AF or Tracking. This is where the 25fps speed limit hits you with the OM-1. Only 6 lenses are officially supported and the 40-150 ff Pro is not one of them.
Thanks for the clarification! I don't think I've ever shot a subject where 50 fps would be a meaningful improvement over 25 fps, but for a photographer who shoots dragonflies or bullet trains that might be different! :-)
Golf swing….but, then, you don’t need AF 😀
You might want to turn off electronic shutter for that, which defeats the point of having 50 fps. :-)
 
Bingo. The problem is with any form of continuous AF, be it C-AF or Tracking. This is where the 25fps speed limit hits you with the OM-1. Only 6 lenses are officially supported and the 40-150 ff Pro is not one of them.
Thanks for the clarification! I don't think I've ever shot a subject where 50 fps would be a meaningful improvement over 25 fps, but for a photographer who shoots dragonflies or bullet trains that might be different! :-)
Currently plowing through 5k of running shots taken via SH2 @25fps and am not disappointed I didn't choose 50. Pro Capture w/ birds perhaps the sole time I can envision bumping it to that value--maybe some day I'll give it a go.

From my vast collection (2) of Lumix lenses, SH1 is capped at 60 fps but can now use SH2 @25, making Pro Capture with focusing accessible to them unlike the E-M1 series.

The 12-45/4 Pro can use 120fps SH1, 25fps SH2.

Cheers,

Rick
 
Thank you for the excellent review. Just received mine minutes ago. As you stated about the price, I had to ignore the cheaper priced used f/2.8 and remain focused on the chief goal of controlling total weight and size of the bag. It looks like a perfect complement to the 12-40mm for travel along with a fast prime.

-Ash
 
Nice extensive review
Thanks for taking the time.
 
Great review; thanks for writing this!

I bought one of these earlier this year for an Alaskan cruise. I've previously had the Pany 45-175 and Oly 40-150 R, and this blows them both away. It turned out to be the perfect fov range for taking pics of ice and rocks from a boat, as well as whales and such. No regrets!

I do really miss the manual focus clutch, though. That feature doesn't seem to have made it to any of the f4 PROs.
 
Save a lot of money and get the 40 - 150 F4-5.6R. The F4 version is very average in its optical quality.
 
Nice review and I agree with your "Pros." I don't view your "Cons" as significant enough to make me hesitate to buy this lens again.
 
Save a lot of money and get the 40 - 150 F4-5.6R. The F4 version is very average in its optical quality.
I have both lenses, and completely disagree with your statement.
 
Nice review and sample images, thanks! You put a lot of effort into it.
The 40-150mm f4 [..] is not compatible with the 50 fps shooting option (supports the more "standard" 25fps).
Shouldn't it work just fine at 50 fps in MF or S-AF autofocus mode? And maybe C-AF as well? I thought the lower fps only applied to C-AF+TR, but I may well have misunderstood.
The 40-150/2.8 has a dual voice coil focus motor system. Two separate linear focus motors, each driving it's own group of AF lenses. That makes it very fast AND simultaneously gives it excellent close focus range.

I think it is the only Olympus lens with this feature? Also I think it was the first lens worldwide with this feature. This lens is fully worth it's price tag, it is something special and you truly get what you pay for. Not so sure about the new f/4 variant, I feel it is overpriced in comparison.
 
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Nice review and sample images, thanks! You put a lot of effort into it.
The 40-150mm f4 [..] is not compatible with the 50 fps shooting option (supports the more "standard" 25fps).
Shouldn't it work just fine at 50 fps in MF or S-AF autofocus mode? And maybe C-AF as well? I thought the lower fps only applied to C-AF+TR, but I may well have misunderstood.
The 40-150/2.8 has a dual voice coil focus motor system. Two separate linear focus motors, each driving it's own group of AF lenses. That makes it very fast AND simultaneously gives it excellent close focus range.

I think it is the only Olympus lens with this feature? Also I think it was the first lens worldwide with this feature. This lens is fully worth it's price tag, it is something special and you truly get what you pay for. Not so sure about the new f/4 variant, I feel it is overpriced in comparison.
In this regard I suspect it has to do with data handling rather than the AF motors, but have never seen a definitive word on that from OLY/OMDS. By contrast, Panny has been more communicative about new and updated lenses having increased data capacity.

Whichever the reason--data, focus motors, aperture mechanism, Door #4--it's a very short list.
  • M.Zuiko 12-40mm F2.8 PRO.
  • M.Zuiko 12-40mm F2.8 PRO Ⅱ
  • M.Zuiko 12-100mm F4.0 IS PRO.
  • M.Zuiko 40-150mm F2.8 PRO.
  • M.Zuiko 150-400mm F4.5 TC 1.25x IS PRO.
  • M.Zuiko 300mm F4.0 IS PRO.
One ponders why more lenses can, for example, focus stack.

I'm happy to have 25 fps with all lenses and kind of which they'd add a 12.5 fps option to get continuous view with fewer files to sift through.

Cheers,

Rick
 

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