I was pretty excited when the Micro 4/3rds system was announced: the option of a rangefinder sized, interchangeable lens camera with an SLR sized sensor is something I've always wished for. I'm really waiting for the Olympus version, which will be even smaller (Panasonic apparently didn't want the camera to be too small, fearing it would be seen as a point and shoot), but we go a Panasonic G1 in since its the only version available right now. I used the camera and the kit lens for a weekend, then got the adapter that allows it to use standard 4/3 lenses and took it out for a spin with several of those. Not a thorough test by any means, I had a lot of manual reading to do and weekends are fairly full of activities this time of year.
As advertised its very small – smaller than an Olympus 420 or Canon XTi. The Electronic Viewfinder is superb. You may notice a little noise telling you its electronic and not optical, and it ‘freezes’ for half a second after each shot, but its clear and works just like an optical viewfinder on any other SLR. The LCD is is absolutely wonderful and I suspect will soon be copied by other manufacturers. Its completely articulated so you can use it at any angle (including flush with the camera back), the information on it is clear but unobtrusive, the 3 inch picture is superb and Liveview focusing is a snap.
Image quality is about what I expected. Up to ISO 800 its clear and sharp, but from 1600 on noise is pretty severe and loss of detail apparent, as you can see Here and here. Images with the kit lens, which is a very useful range are good, but not spectacular. The “Mega OIS” image stabilizer is very good, and I could get clean shots at 1/4 second and acceptable ones at one half second as seen Here . Overall, it gives a much better than point-and-shoot image in a camera about the size of a large point and shoot. I don't think the kit lens is particularly good (about like most kit lenses) but its tiny and it is certainly decent. The first 9 shots in this gallery are shot with it and posted at 100% if you want to pixel peek.
Overall the camera is easy to learn. There menu system took a bit of getting used to, but once I had I concluded there are some things the big boys could learn from this camera. The buttons make it quick to change almost any setting, the "micro menu" button is exceedingly useful, and the pattern is logical. While I'm a fan of more buttons and less menu scrolling, the small size of the camera makes the large number of buttons a problem. While I didn't have the camera for a great deal of time I still found myself accidently pushing buttons when I didn't mean to.
The adapter allowed me to use other 4/3 lenses with two limitations: only lenses compatible with contrast autofocus would autofocus (others work but are manual focus) and the Olympus lenses are not image stabilized (the Olympus body should correct this part when its released). I used the adapter with the Olympus 9-18 f4-5.6 (which did autofocus) and the excellent 50-200 f2.8-3.5 SWD which had to be manually focused.
The 9-18 worked as advertised, although after using the kit lens I was surprised at how "big" the lens looked on the camera. Autofocus was quick and accurate and the IQ did seem improved over the kit lens (100% jpgs are posted in the gallery above, all are labeled '9-18xxx'). The camera did seem to overexpose this lens by 1/3 stop or so, but otherwise all went well. I already was thinking after using this lens how much it removes the 'small' factor from this small camera. There just weren't many advantages to the Panasonic's size anymore.
Shooting the 50-200 was another revelation in two ways. First that's a fairly big lens, and this tiny camera on the end of it appears to be an afterthought. Sooo, you have to hold everything by the lens, but you also have to turn the autofocus ring, etc. Bottom line is it would have worked fine with a monopod, but was very clumsy for me to shoot handheld. And then again, why have a tiny camera if you're taking a monopod? Revelation number two, though, was very positive: The Panasonic implements a marvelous live-view through-the-viewfinder manual focus system. Basically the minute you start to turn the manual focus ring, the viewfinder magnifies the image about 400%. Its a little disconcerting the first time it occurs, but I almost immediately found I was manually focusing much more quickly and accurately than I have with almost any other camera. Very, very well done Panasonic.
I've posted a couple of shots taken at 150mm and 200mm in the gallery, but to be honest by this point it was apparent that I'd never shoot a big lens on this camera. Just too clumsy (and probably a bad idea even trying on my part). I'll have to wait until the telephoto Micro 4/3 lens is available before I decide how useful this little thing will be at the long end. My conclusion now is that its a very nice walkabout / pocket camera with the 14-45 kit lens, but I would only use the adapter for perhaps a small prime or Macro lens. Otherwise the purpose of the camera is defeated for me. Image quality isn't as good as a 5D or D90, but its much, much better than any point and shoot could give me, and the camera is far more flexible.