I picked up a G3 (body only) on Amazon for $249. I am a long time Panasonic fan and while I think the E-M5 and Sony sensor equipped E-PL5 and E-PM2 look pretty nice I have done this enough times to know that things like the Panasonic UI, articulating screen and built-in EVF were going to be more important than what I think are pretty small differences in IQ. IBIS would have been nice but I can live without it. After much thought the price of the G3 seemed like a no brainer to me and I'm ordering a Sigma 30/2.8 to put on it. I chose the Sigma over the Panasonic 20 for two reasons...cost and my experience with the Sigma on the NEX. I found it very sharp, lovely bokeh, nice color and a lovely pleasing way of rendering images. It doesn't AF particularly well on the NEX but I understand that is not the case on m43. It's not as contrasty as the Panasonic but nether are my MD Rokkor 35-70/3.5 macro or 100/2.8 (two of my favorite lenses on the NEX) and I have come to really like that look. I'm back to having 2 systems (NEX and m43) and I have come to appreciate that no one tool can give you everything you want. I LOVE using manual focus lenses and mu NEX is my manual focus system of choice. Even with my stable of Rokkors it was a lot more affordable way than an M8 to scratch that itch. The G3 is a creative tool when I want AF and more automaton to work quickly and with a bit spontaneity and I also have a Fuji X10 that is a really lovely have with you all the time camera. I look forward to contributing here on m43 as well as SC and TalkNEX as I seem to be in all three camps. Happy Holidays...and I just got in under the wire for my NO NEW GEAR pledge for 2013.