Cameras with more dynamic range allow you to take photos with dramatic differences in highlight and shadow areas while retaining detail in both.
Think of a brilliant sunset on a rocky beach: Bright sunset in the background, with dark rocks in the foreground. High dynamic range means more of the extremes will be faithfully reproduced.
Dynamic range test data courtesy of DxO Mark.G85 test data on DxO Mark GH2 test data on DxO Mark
Very good image quality; Very good high ISO performance and dynamic range; Fast and accurate autofocus; Excellent 4K video recording quality and features.
OLPF-less sensor is prone to moiré; Electronic viewfinder struggles in low light; Continuous autofocus is limited to 6fps shooting; Below average battery life.