Dr. Erik Meijs aka archeogeolab in the DPReview forums kindly gave me permission to share here a universal EM-5 preset for use with Lightroom 4.1 RC2 which he painstakingly created by experimentation after noting that the Olympus jpegs show reddish to orangish casts in shadow areas. In use, I noticed that this preset imparts more "Olympus-like" color to the RAW files in Lightroom while also boosting local contrast. I also noted that it gives a similar look to my Panasonic RAW files, although it was specifically created for Olympus E-M5 files. This preset is not meant to be the end-all-be-all of Olympus E-M5 RAW processing. Rather, it is meant to be a starting point for postprocessing images. He is planning to issue updates in the coming weeks, so take note of the version number! The preset can be downloaded below this post as an attachment. To use it, go to the "Develop" module in Lightroom, right click on "User Presets" in the left column under "Presets", and choose "Import". After that, the preset can be applied to any individual file by selecting it in the "Presets" section, and can also be applied to a batch of files during import. May 6 update: v06-05-2012 can be found in this post. May 9 update: v09-05-2012 can be found in this post.