I used the EM-5 MKII little more than 2 years and had great respect for its ability. In fact I sold my EM-1 at the time and kept the EM5 MKII. Everything about the EM-5 MKII was great to me personally......probably one of the best bodies available. Having experienced the 20MP sensor in the EM-1 MKII it was clear that a EM-5 MKIII would be awesome with a 20MP sensor. That is until I bought a PEN F recently. The reason I bought the PEN F were I were lucky to get it at a great price 2nd hand and I thought I try it and sell it again. I always liked the PEN cameras, the EP-3 and EP-5 are great cams but very different to the OMD series. The PEN F moved very close to the OMD series, especially when fitted with the Olympus add-on grip. In terms of movie capability the PEN-F is a great continuation of the EM-5 MKII, the only thing the PEN F lack are the mic input, but that is OK as I always use a separate Olympus recorder.... Everything else on the PEN F is an awesome upgrade on the EM-5 MKII, the creative add-ons are amazing, the 20MP sensor awesome and the unique similar feel in the hand to the EM-5 MKII is astonishing. What can Olympus do to better the PEN F and not overlap to much into the EM-1 MKII space....add some of the EM-1 MKII focus capability or 4K? My take will be Olympus should really focus on specialization if they think of launching a EM-5 MKIII. Really move up the video capability or what? (I wanted to add picture capability....but what can Olympus add that is not in the EM-1 MKII or the PEN F) The awesome PEN F basically filled the EM-5 MKIII space.....that is my take!!!