I have had my E-PL5 for nearly a year. I originally wanted the E-M5 but the price initially was too high to be justifiable. I was coming from an E-PM1 which previously was used while I had large Canon gear. The E-PL5 was the camera that caused me to sell all my Canon gear it was that good. So here thoughts on E-PL5 vs. E-M5, and my motivation for changing. This has probably been re-hashed before, so if this isn't useful to you, move on. Why did I change? - New Zealand weather, particularly in Wellington the capital, is frequently rainy. I dislike worrying about electronics getting wet. - I am travelling to Europe for nearly a month and wanted something more weather resistant. I was in Singapore a couple of months ago. That place has serious rain. I was in Thailand last year. So I want a photographic companion that suits my travel needs for resilience. - While the E-PL5's controls were amazing given it's size, I did find my photos had less user involvement because the manual controls were difficult. - The E-PL5 feels delicate. I have a 3 yr old and am often on the go. I have a bag for the E-PL5 but I am very precious about my gear and I found it a hassle to be super careful of the E-PL5 which does scratch a bit too easily. My thoughts so far. Pros of the E-M5: - I love the feel. It sits in your hand better. - The controls are definitely superior for more involvement. - I like the EVF far more than I expected. I hadn't thought I would take to it. - The rear screen is significantly better in resolution and size than the E-PL5's 16:9 low res screen. Colours appear more true-to-picture as well. - The shutter is noticeably quieter. Cons: - Lightroom only reads the RAW files as the ratio you shot at. If I shoot at 3:2, that's what Lightroom displays. With the E-PL5 I shot RAW in 3:2, but Lightroom would let me re-crop so I could move that 3:2 frame vertically up and down as it would show the extra pixels as if I had shot in 4:3. - The MySet implementation is awful, to the point I doubt I'll use it much. I really miss not being able to assign MySets to positions on the Mode dial. This was one of my favourite features on the E-PL5 and it is very disappointing the E-M5 lacks it. - It is significantly heavier which although feels better generally, is a con for travel and carrying while cycling etc. - The tilting screen on the E-PL5 was easier to actuate and had more flexibility. So far it is enough that I will stick with the E-M5. Hope these thoughts are useful to anyone in a similar boat looking at switching. Feel free to ask me any questions.