It's official, Olympus' first MIcro Four Thirds camera is up and dancing upon the global stage. Dubbed, E-P1 "digital Pen" (reflecting the camera's Olympus Pen-series heritage) this MFT shooter aligns with the looks and specs that came our way yesterday in leaked format. In other words, we're looking at an image stabilized (sensor-shift) 12.3 megapixel Live MOS sensor with TruePic V image processing, ISO 100-6400 sensitivity, a 3-inch LCD, 20 shooting modes (5 exposure, i-Auto, and 14 automatic scenes), an SDHC slot, and HDMI TV-out for playback of 720p (1280x720 pixel) recorded video at 30fps. The 14-42 lens kit retracts into the barrel when not in use and Olympus' Supersonic Wave Filter helps keep dust under control when swapping-out the lens for Micro Four Thirds, Four Thirds, or OM lenses. A few advanced previews of the E-P1 are already available -- peep those in the read links below if you can't wait for the July launch or the full-blown reviews due in a few weeks.
Update: Priced at $749 (body only), $799 (with 14-42mm lens), and $899 (with 17mm pancake lens and viewfinder). Honestly, those prices are better than we had hoped for especially in a camera measuring just 121 x 70 x 36-mm (4.7 x 2.7 x 1.4-inches) playing host to a DSLR-sized sensor.