Olympus OM-D E-M5 Mirrorless Camera Price Drops to $799 (Body Only)

Olympus OM-D E-M5 has clearly been outdone by it's new sibling, OM-D E-M1, but it is still one of the best mirrorless interchangeable lens camera in the market.  Looking at options in MFT format camera, I'd still consider this 2nd best camera together with Olympus E-P5.

Now, the price has dropped to $799, it makes it even more appealing choice in the crowded compact high grade cameras.

Features and Sepcifications

• Image Sensor: 16.05 million effective pixels.
• Metering: Digital ESP, centre-weighted, spot, spot highlight and shadow control.
• Lens Mount: Micro Four Thirds mount.
• Exposure Modes: iAuto, Program AE, shutter and aperture priority, manual.
• Effective Sensor Size: 17.3x13mm Live MOS.
• 35 SLR Lens Factor: 2x.
• Shutter Speed: 60 to 1/4000 second, Time and Bulb. Flash sync: 1/250 sec.
• Continuous Shooting: Up to 9 fps.
• Memory: SD/SDHC/SDXC, Eye-Fi cards.
• Image Sizes (pixels): Stills: 4608×3456 to 640×480.
• Movies: 1920×1080, 1280×720, 640×480.
• Viewfinder: Turret 18mm (1.44 million); 7.6cm LCD screen (610,000).
• File Formats: JPEG, RAW, JPEG+RAW, MPEG4.
• Colour Space: sRGB, Adobe RGB.
• ISO Sensitivity: Auto, 200 to 25,600.
• Interface: USB 2.0, HDMI mini, xxx.
• Power: Rechargeable lithium ion battery, DC input.
• Dimensions: 121×89.6×41.9 WHDmm.
• Weight: 425 g (inc battery and card).

Video Specifications

• 1,920 x 1,080 (Full HD / 1080i), 1,280 x 720 (720p), and 640 x 480 (VGA) recording
• AVCHD compression at Full HD and 720p resolutions, or MotionJPEG compression at 720p or below
• MOV file format for AVCHD, AVI for MotionJPEG
• 59.94 interlaced fields per second at Full HD, 59.94 frames per second for AVCHD 720p, or 30 frames per second for Motion JPEG
• Autofocus functions during movie recording, includes tracking function, and is essentially silent with MSC-badged lenses
• Optional face detection autofocus available, and can even detect and prioritize a specific (left or right) eye on which to focus
• Manual focus and single autofocus operations also available
• Auto, shutter/aperture-priority or full manual exposure, set before recording
• EV adjustment is available in all except Manual exposure mode, set prior to (but not during) recording
• Sensor-shift image stabilization available, with optional modes that allow vertical or horizontal panning
• Stereo audio recording via built-in microphones or standard external mics via an optional, hotshoe-mounted accessory connector
• "Art Filters" can be applied to video, but most adversely affect framerate, sometimes drastically
• Video recorded with Diorama filter plays back at ~15x normal speed, and has audio disabled
• Digital tele-converter function adds 2x digital zoom
• Still image capture is possible during video recording, but splits the video into separate files, with a 4+ second gap between files
• Still + Video mode snaps still image at the end of video recording