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.
Same great image quality as the X-T3; Excellent high ISO performance for an APS-C camera; Improved hybrid AF system with full image area coverage; Fast AF speeds; 4K video up to 30p; Compact design; Great value.
Slightly higher noise levels than predecessor; No in-body image stabilization; Single card slot; No dedicated headphone jack; No weather sealing.