I suppose I should be grateful (my bank account is), but at the moment, I find myself in the odd situation of wanting to upgrade one or both of my camera bodies, but not really seeing anything all that interesting to upgrade them to. First there's my little Olympus E-PM2 which after 2 years I still haven't really fallen in love with. On a bang-for-the-buck basis, it's a great camera, but I find it on the whole uninspiring - the IBIS is hit-or-miss, the missing EVF forces me to compromise portability by adding the VF-2, and the clacky mechanical shutter makes discreet shooting difficult. Shutter-shock is also a worry. Of the three items, Olympus's supposed successor, the E-PL7, addresses only the IBIS. For a price of $600, I'm inclined to pass. Panasonic on the other side seems to have finally figured out how to put an EVF, albeit a fairly small one, in a compact m4/3 body. But with no IBIS, no OIS on the lenses that best suit the body (14/2.5, 20/1.7 and 45/1.8) and a $800 price tag, the GM5 isn't that compelling a choice either. Plus neither offers an image-quality upgrade. My workhorse is the E-M5, and in addition to the usual cosmetic blemishes, it has developed a reticence about starting up. I think there's something amiss with the battery contacts, but cleaning them hasn't made a big difference. The E-M5 has certainly proven to be a good camera, but it too has a few annoying limitations, most notably the many tiny buttons that make operating with gloves a real pain, the lack of an electronic shutter and the complete absence of competent C-AF. None of these are deal-breakers, but after 2.5 years, I'm rather disappointed to find that there isn't anything unambiguously better available. In particular, neither Panasonic nor Olympus seem to believe in having good tracking AF in any model other than their flagships. Good for getting extra money from customers perhaps, but bad for anybody who'd rather not have something that handles (and looks) like a mid-sized DSLR. The E-M1 and GH4 seem to finally offer competent if not spectacular C-AF, but both are also significantly larger than the E-M5, and both command a much higher MSRP. Neither offer an appreciably better sensor either, and with the GH4 missing IBIS and the E-M1 missing an electronic shutter, I expect to pass on both. The E-M10 and G6 don't have much to claim either. I guess this is more of a rant than anything else, but I can't help but feel that 2014 has been rather a lost year in m4/3-land, with the dial barely moving in most respects. Yes, the GH4 does offer a breakthrough if you shoot video, and the GM5 is in a new category of compactness/utility, but when it comes to bread-and-butter features, it's been a disappointing 12 months all in all. In the meantime, if either of my cameras do croak (the E-M5 is the likelier candidate), I'll probably just buy the same thing again, secondhand.