Olympus has announced their first Micro Four Thirds camera, the E-P1. Taking substantial design cues from the classic "Pen" series of film cameras, the E-P1 is a compact, retro-styled interchangeable lens camera with the same bells and whistles as Olympus' regular D-SLRs. Like Panasonic's Micro Four Thirds cameras, the E-P1 is live view only and it can record HD movies. Unlike the Panasonic models, the E-P1 lacks a viewfinder and a built-in flash, though you can purchase both. I had some hands-on time with the camera and wrote up a detailed preview for you. If you want the short version, check out the specs below:

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