The new E-M5 will be here soon but what is next? According to an article at TechRadar the next camera will be a PEN. Next Olympus camera likely to be a PEN | News | TechRadar What will it be and what will be new? I bet many of the improvements in the E-M5 will be used! The 5 axis stabilization and new 3D AF for sure. I read someplace where Olympus is considering putting an built in viewfinder in the PEN. Not sure which level will be the next one E-P4 , E-PL4 or E-PM2? The other thing that Olympus has said was they are working on new lenses and better performance between m43 bodies and full 4/3 lenses.