12.3 megapixels, full 4/3 sensor, better ISO performance than my E-3 thanks to the TruePic V processor (which apparently lets them use a weaker AA filter and handle UV cut-off in a way where lavendar flowers don’t look blue anymore), art modes, E-Portrait, digital level (dual axis), RAW, industry-acclaimed JPEG engine, boffo build, blah blah blah. It’s the Olympus E-P1. A “Digital Pen.” It’s neat. As heck. Nick and I are using one tonight. Field report to follow.