In the UK at least, the launch/list price of Olympus OM-D E-M5 + 12-50mm 3.5-6.3 lens is £1149 and the Olympus OM-D E-M5 Body only is £999. A difference of only £150. However the price of the 12-50mm lens on it's own is around £330 to £350 - so more than double that. http://www.srsmicrosystems.co.uk/71...gital-ED-12-50mm-F3-5-6-3-EZ-Silver-Lens.html So I wonder if there will be quite a few 'split from kits' 12-50mm lenses going cheap in a few months time? (On ebay and the like, in the same way that there are currently cheap 14mm Panasonic lenses split from GF2/GF3 kits). I must admit that while another slow zoom is not of much appeal, on the other hand being able to use 12mm (24mm equivalent) is. Plus, as it's mainly a focal length I would use outdoors and with a narrow aperture for depth of field [landscapes, architecture] the speed (or lack of) is not a major issue. So I could be tempted as 'cheap' way to be able to use a 24mm focal length (I know from having it on a compact camera lens that I would use it fairly often rather than 28mm, given the choice). Looks like it might be a decent lens for video too in good light? The only other way to get a 24mm focal length on a micro four thirds camera at the moment is the 12mm lens at £585 or the 9-18mm lens at £469 - so both a lot more expensive than the 12-50mm 'kit' lens if you could pick one up say for £200 or so?