Announced last month alongside the E-P3 and E-PL3, the E-PM1 Pen Mini is a compact, beginner-friendly interchangeable lens camera. Olympus gives it a $499.99 suggested retail price and expects it to begin shipping in September. Your $500 will get you a kit with MSC M.Zuiko Digital ED 14-42mm II f/3.5-5.6 zoom lens.
The Pen Mini combines a 12.3 megapixel Four Thirds sensor with a diminutive camera body. It offers a 3.0-inch LCD with 460k-dots for image composition and review. It also supports full HD 1080 video recording. Many of the same features offered in the flagship Pen E-P3 are available in the E-PM1. For a full analysis of the E-P3, read our full review.