Escape can be a thing of the mind, a displacement. It can mean a vacation to a far away paradise, or at the very least, travel to a kinder, friendlier place.
Escape can also be literal, to run from danger, to seek safety if life is threatened.
Which do these offer? And why? Only you know. Only you can guess the truth.
This is where the Ogunquit River joins the sea. The sea is just out of view, because from here the river drops abruptly downward and in less than a quarter of a mile, is part of the marsh, then the Atlantic Ocean.
The house is built for all practical purposes in the river. I can’t imagine how the house keeps from being swept away during storms when the river must rise up over its banks.
To get to the river from the other bank, there’s nothing but a plank, and not a very secure plank at that. There must be another way to get there because I can’t imagine anyone willingly crossing over that white water on nothing more than a piece of sodden wood.
I mentioned on last Friday’s post that I thought the E-P5 was Olympus’ take on Fujfilm X100S. — the retro style, the packaged 35mm prime (34mm to be exact) lens and the premium pricing to match. My friend Mike aptly says it’s closer to a Fuji X-E1 because of the interchangeable lenses. Even though the X-E1 does not yet off a 35mm equivalent, he has a good point. Either way, it seems like Olympus created an upscale camera that echoes cameras of a bygone era. The big question is, is it worth the premium price?
I’ve been busy with my, yet unannounced, equipment changes so I really didn’t look into the E-P5, until today. I knew I wasn’t going to get one any time soon. After all, I already bought an E-PM2, late last year and the image quality should be the same. But what if I didn’t get the E-PM2? Would it make sense to buy the E-P5? As I already mentioned, it’s pretty much the camera I wanted last year — it has most the features on my wish list.
First, let’s compare the E-P5 vs. the OM-D E-M5. The two cameras mostly share the same feature set. Sure the body style is different, but they both have the same sensor, same image processor, the roughly the same 5 axis image stabilizer and the same speedy focusing system. You lose the water resistance and the EVF (Electronic View Finder) on the E-P5 but gain WiFi, 1/8000s max shutter speed and a faster 1/320s flash sync speed. The OM-D body is $999, the same price as the E-P5. However, keep in mind that the body-only E-P5 doesn’t come with an EVF. Bought separately, the EVF costs more than $200. So effectively, the E-P5 body is sold at at least a $200 premium.
Second, the E-P5 replaces the E-P3 introduced in 2011. The E-P3 with the standard $100 kit lens ran $899. Subtract out the kit lens and a fictional body-only E-P3 configuration should run $799, again $200 lower than the E-P5 body-only price.
Third, assuming you support my premise that Olympus is competing against the Fuji X100S with the 35mm equivalent lens, consider this. The Fujifilm X100S is priced at $1299. The Olympus E-P5 with the 17mm lens (34mm equivalent) and the EVF is packaged at $1499. Now, despite the retro look of both cameras, they are very different beasts. Direct comparisons are a bit of a stretch, but let me try. On the plus side for Fuji, you get a very good hybrid optical/EVF, arguably better image quality, true analog exposure controls and an attractive well designed body with a seamlessly integrated viewfinder. The E-P5 has the advantage of a world-class in-body image stabilizer and the flexibility of interchangeable lenses. People can quibble of the price but I believe the two cameras should be priced the same. Certainly, I find it hard to justify a $200 premium over the X100S.
My conclusion, the Olympus E-P5 is overpriced by $200. The body only price should be $799 and the kit price should be $1299. Still expensive, but it makes sense based on the competition. So is the camera worth it? Only you can answer that question, however, if I were in the market for an Olympus, I wouldn’t pay $999 for the body or $1499 for the kit. So despite my fondness for Olympus micro 4/3, I can’t recommend the E-P5 at the current price.
I also predict that the prices will fall fairly quickly. Olympus will inevitably have a $200 rebate or just reduce the price. No guarantees of course, but that’s been Olympus’ pattern over the last couple of years. What do you think? Is the E-P5 worth it to you?
With camera in hand, exploring European lands, cultures, food, and drink...mostly with a plan, but sometimes enjoying the adventure of just getting lost.
