Great image quality especially from RAW files; Excellent dynamic range for a Four Thirds sensor; Very good high ISO performance; Realistic colors and excellent hue accuracy; Built-in Wi-Fi with remote control and sharing features; Improved HD video; Lightweight and very portable; Built-in pop-up flash; Minimal EVF lag time.
Contrast-Detect AF struggles with small and low-contrast subjects; Mediocre battery life; No external microphone or headphone jack; Mediocre burst speed with continuous AF; No weather sealing; Heavy-handed high ISO noise reduction.
Cheap as chips (and with a kit lens!); Quality Sony Exmor Four Thirds sensor; Widely-supported Micro Four Thirds lens mount; Good image quality from raw files; Reasonable burst performance for price; 4K video capture.
Poor ergonomics; Controls too easily bumped; Frustrating user interface; Mediocre JPEG image quality; Heavy-handed noise reduction; Unreliable white balance; No raw+JPEG; Buffer is almost nonexistent; Focus confirmation beep happens while still focusing; AF is poor in low light; Laggy user interface in playback; Extreme crop for 4K video; Kit lenses feel cheap; No bundled flash.