Olympus working on the E-M5 plus 20mm pancake fix. And says Four Thirds development continues.

As you know the E-M5 is showing some banding issues when coupled with the [shoplink 14796]20mm f/1.7 lens[/shoplink]. Olympus just issued an official text: “After checking every possible combination of a body and a lens, we found the phenomena only with this combination (OM-D, E-M5 coupled with the Panasonic 20mm pancake lens). We are continuing to study how we can eliminate this and we recommend for our customers using E-M5 with Panasonic 20mm pancake lens to keep a low ISO to avoid this problem for the time being.” (via Dpreview)

And Olympus confirmed once again at DC.watch that the Four Thirds system stays well alive. Not a surprise but we need to see some new camera and lens to believe you Oly :)

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New E-m5 and new lens (pre)orders:
E-M5 at Amazon, Adorama, B&H, Jessops, Amazon UK, Amazon Germany, Amazon France, Amazon Japan and Digitalrev.
Olympus 75mm lens at Amazon, Adorama, BHphoto, Amazon Germany and Amazon UK.
Panasonic 12-35mm X lens at Amazon, BHphoto, Adorama, Amazon Germany, Amazon UK, Amazon Japan and Digitalrev.