And pricing on the last of Olympus' new micro thirds cams is in - the PEN E-PM1 or PEN Mini will be hitting in September for $499.95. That's $400 cheaper than the company's halo E-P3, but the smaller body and lack of an OLED display (it's just a regular touchscreen LCD) obviously shaves off some cash. Still, you get a 12.3 megapixel sensor, 1080p video recording, and the ability to swap out the 14-42mm kit lens for the variety in Olympus's lineup. Check out the press release below and the full specs in the database.

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Olympus last updated its flagship PEN line of Micro Four Thirds shooters in November of 2009 with the E-P2, and today the company has announced its successor, the E-P3. Although it uses the same 12.3 megapixel sensor as its predecessor, the E-P3 ups the ante with 1080p video recording, an OLED touchscreen to work in conjunction with a revamped UI, and what Olympus claims is the "world's fastest autofocus," all while dropping the price to a solid $900. The E-P3 stands strong against competitors like the Panasonic GF3. While the GF3 lacks a hotshoe, it's priced lower (at $700), but the E-P3 takes the cake with a max ISO of 12,800, which should …

Read the full story at The Verge.