I've got an EPL3 listed for $190 and no takers for more than $150. At that price, I think I'll weld my Olympus 15mm lens cap lens onto it, and just use it for a carry everywhere, B&W beater cam. The old gen pens have really dropped in value (though not at all surprising). I still like the B&W output of the older sensor, for high contrast B&W shooting. Anyone else keeping one of the older models around for a second (or third) body?