Right off the bat, I apologize...I know it's one of the most beaten-to-death topics in this community. I've been reading up on these lenses, trying them out in stores, etc for about 8 months and STILL can't make up my mind. I'd like to get your input on this. My gear: Oly OM-D, Samyang 7.5 FE, Oly 9-18, Oly 12-50, Oly 45 1.8 and Oly 75 1.8. They all serve their specific purposes. The FE, UWA and 45 are my travel kit. The 12-50 is my walkaround/macro/bad weather lens (planning a trip to the jungles of Borneo and wanted a weathersealed lens) and the 75 is the "princess." It doesn't travel often, but when I do, I love it. What I really want now is a high-quality, compact walkaround. In fact, I want something *TINY* to take full advantage of the size/weight strengths of the M4/3 platform. I want a pancake bad, and the best one for my purposes is the 20 (not that much bigger than the 14 2.5/17 2.8, while being significantly faster and somewhat sharper). It also happens to be a FL I'm familiar with and love (used my Canon 40 pancake on my 5D and 5D Mark II cameras extensively). It would bring something to the table none of my other lenses has (therefore filling a unique niche and need): it's ultra compact. There's nothing I don't like about the P20. However, I keep being drawn back to the PL25, for a few reasons. Here (Korea), the PL25 is only $100 more than the P20. The amount of bokeh is stunning on the PL25 (though the actual quality I find more attractive on the P20). However, there are a few things I don't like. I'm not a huge fan of the FL, I don't like how big or heavy it is. I keep wanting the PL25, but then I remember that I could have the P20 *AND* the O45 with me for the same size/weight, and the O45 will give me more bokeh (at equivalent camera to subject/background distances) than the PL25 could ever dream of. The more I think about it, the more it makes sense for me to get the P20 (because it's small, light, sharp and unique), and not just get yet another lens because it has great bokeh. What do you guys think?