I bought a refurb for $227 off ebay, with no flash. It's an adorable little camera, and fun to use. I just got a 40-150mm in the mail today, and from my quick initial testing, I find the IBIS works very well. I have a Canon 5D3, so am not sure if I will stay on the m4/3 bandwagon for long...I've just ordered two more lenses for it, so will have 5, but it's striking me as rather silly to have two whole camera systems with lens collections when I'm just an enthusiast, and not rich. I love how tiny and light it is, but the noise at even intermediate ISOs is a problem for me. When I go out in the day for regular shooting, I use my DSLR, so would like this for indoor night time candids, but that's exactly when good high ISO would be most handy.
Still, it's such a sharp, fun little camera, I am glad I got it and expect to get a lot of use from it.

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Call me Al. Gear:Oly E-PL 5, Pan GF3, 45 F1.8, 14-42 II, Oly 45-150, Pan 14mm and 25mm Summilux

thanks for this review. It was instrumental in helping me decide to purchase an E-PM1.

-Scott

I have been selling off four thirds stuff because I got an OMD. I decided to sell my E-P1 and E-P3 as well, and got a great deal on a metallic brown E-PM1 body. It should be here this coming week. I plan on using it with my 20mm F 1.7 and 12mm F2 lenses, but I have the 25mm as well and will definitely give it a try!

Thanks for the review.

Just picked up one of these via this m4/3 hint:

E-PM1 bodies, £109

Even with postage to Germany, less than €170 for a black body. Will be used largely for time-lapse work (I do 400 picture sets, which is what I get out of the battery, and I've got sets of batteries for my EPL1...).