Leica M8 vs Olympus E-500

The Leica M8 and the Olympus Evolt E-500 are two digital cameras that were revealed to the public, respectively, in September 2006 and September 2005. The M8 is a rangefinder-focusing mirrorless camera, while the E-500 is a DSLR. The cameras are based on an APS-H (M8) and a Four Thirds (E-500) sensor. The Leica has a resolution of 10.4 megapixels, whereas the Olympus provides 8 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M8		Olympus E-500
Rangefinder camera		Digital single lens reflex
Leica M mount lenses		Four Thirds lenses
10.4 MP – APS-H sensor		8 MP – Four Thirds sensor
no Video		no Video
ISO 160-2,500		ISO 100-400 (100 - 1,600)
Optical viewfinder		Optical viewfinder
2.5" LCD – 230k dots		2.5" LCD – 215k dots
Fixed screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
2 shutter flaps per second		2.5 shutter flaps per second
550 shots per battery charge		750 shots per battery charge
139 x 80 x 37 mm, 591 g		130 x 95 x 66 mm, 479 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M8 and the Olympus Evolt E-500? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The side-by-side display below illustrates the physical size and weight of the Leica M8 and the Olympus E-500. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All size dimensions are rounded to the nearest millimeter.

The M8 can be obtained in two different colors (black, silver), while the E-500 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-500 is notably larger (11 percent) than the Leica M8. However, the E-500 is markedly lighter (19 percent) than the M8. In this context, it is worth noting that neither the M8 nor the E-500 are weather-sealed.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. A larger imaging sensor will tend to go along with bigger and heavier lenses, although exceptions exist. You can compare the optics available for the two cameras in the Leica M Lens Catalog (M8) and the Four Thirds Lens Catalog (E-500).

Concerning battery life, the M8 gets 550 shots out of its Leica BLI-312 battery, while the E-500 can take 750 images on a single charge of its Olympus BLM-1 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M8	139 mm	80 mm	37 mm	591 g	550	n	Sep 2006	5,499	ebay.com
2.		Olympus E-500	130 mm	95 mm	66 mm	479 g	750	n	Sep 2005	599	ebay.com
3.		Canon T3	130 mm	100 mm	78 mm	495 g	700	n	Feb 2011	449	ebay.com
4.		Canon XTi	127 mm	84 mm	65 mm	556 g	370	n	Aug 2006	799	ebay.com
5.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
6.		Leica M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
7.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
8.		Nikon D40X	124 mm	94 mm	64 mm	522 g	520	n	Mar 2007	729	ebay.com
9.		Nikon D80	132 mm	103 mm	77 mm	668 g	600	n	Aug 2006	999	ebay.com
10.		Nikon D3000	126 mm	97 mm	64 mm	536 g	500	n	Jul 2009	599	ebay.com
11.		Nikon D5000	127 mm	104 mm	80 mm	590 g	510	n	Apr 2009	749	ebay.com
12.		Olympus E-300	147 mm	85 mm	64 mm	624 g	750	n	Sep 2004	799	ebay.com
13.		Olympus E-330	140 mm	87 mm	72 mm	637 g	750	n	Jan 2006	999	ebay.com
14.		Olympus E-400	130 mm	91 mm	53 mm	435 g	500	n	Sep 2006	699	ebay.com
15.		Olympus E-410	130 mm	91 mm	53 mm	435 g	500	n	Mar 2007	699	ebay.com
16.		Olympus E-510	136 mm	92 mm	68 mm	538 g	750	n	Mar 2007	799	ebay.com
17.		Panasonic L10	135 mm	96 mm	78 mm	556 g	450	n	Aug 2007	599	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will naturally be influenced heavily by the price. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The E-500 was launched at a markedly lower price (by 89 percent) than the M8, which puts it into a different market segment. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units in a sensor of the same technological generation. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M8 features an APS-H sensor and the Olympus E-500 a Four Thirds sensor. The sensor area in the E-500 is 54 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.3 and 2.0. The sensor in the M8 has a native 3:2 aspect ratio, while the one in the E-500 offers a 4:3 aspect.

With 10.4MP, the M8 offers a higher resolution than the E-500 (8MP), but the M8 nevertheless has larger individual pixels (pixel pitch of 6.84μm versus 5.30μm for the E-500) due to its larger sensor. Moreover, the M8 is a somewhat more recent model (by 11 months) than the E-500, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that the M8 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica M8 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M8 for good quality output (200 dots per inch) amounts to 19.7 x 13.2 inches or 50 x 33.4 cm, for very good quality (250 dpi) 15.7 x 10.5 inches or 40 x 26.7 cm, and for excellent quality (300 dpi) 13.1 x 8.8 inches or 33.3 x 22.3 cm. The corresponding values for the Olympus E-500 are 16.3 x 12.2 inches or 41.5 x 31.1 cm for good quality, 13.1 x 9.8 inches or 33.2 x 24.9 cm for very good quality, and 10.9 x 8.2 inches or 27.6 x 20.7 cm for excellent quality prints.

The Leica M8 has a native sensitivity range from ISO 160 to ISO 2500. The corresponding ISO settings for the Olympus Evolt E-500 are ISO 100 to ISO 400, with the possibility to increase the ISO range to 100-1600.

Technology-wise, both cameras are equipped with CCD (Charged Coupled Device) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M8	APS-H	10.4	3936	2630	none	21.1	11.3	663	59
2.		Olympus E-500	Four Thirds	8.0	3264	2448	none	20.7	10.3	45	51
3.		Canon T3	APS-C	12.2	4272	2848	720/30p	21.9	11.0	755	62
4.		Canon XTi	APS-C	10.1	3888	2592	none	22.1	11.0	664	62
5.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
6.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
7.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
8.		Nikon D40X	APS-C	10.0	3872	2592	none	22.4	11.4	516	63
9.		Nikon D80	APS-C	10.0	3872	2592	none	22.1	11.2	524	61
10.		Nikon D3000	APS-C	10.0	3872	2592	none	22.3	11.1	563	62
11.		Nikon D5000	APS-C	12.2	4288	2848	720/24p	22.7	12.5	868	72
12.		Olympus E-300	Four Thirds	8.0	3264	2448	none	20.4	10.1	-40	48
13.		Olympus E-330	Four Thirds	7.4	3136	2352	none	20.8	10.4	73	52
14.		Olympus E-400	Four Thirds	10.0	3648	2736	none	21.0	10.6	127	53
15.		Olympus E-410	Four Thirds	10.0	3648	2736	none	21.1	10.0	494	51
16.		Olympus E-510	Four Thirds	10.0	3648	2736	none	21.2	10.0	442	52
17.		Panasonic L10	Four Thirds	10.0	3648	2736	none	21.3	10.8	429	55
Note: DXO values in italics represent estimates based on sensor size and age.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The M8 and the E-500 are similar in the sense that both have an optical viewfinder. The latter is useful for getting a clear image for framing even in brightly lit environments. The adjacent table lists some of the other core features of the Leica M8 and Olympus E-500 along with similar information for a selection of comparators.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M8	optical	n	2.5 / 230	fixed	n	1/8000s	2.0/s	n	n
2.		Olympus E-500	optical	n	2.5 / 215	fixed	n	1/4000s	2.5/s	Y	n
3.		Canon T3	optical	n	2.7 / 230	fixed	n	1/4000s	3.0/s	Y	n
4.		Canon XTi	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
5.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
6.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
7.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
8.		Nikon D40X	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
9.		Nikon D80	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
10.		Nikon D3000	optical	n	3.0 / 230	fixed	n	1/4000s	3.0/s	Y	n
11.		Nikon D5000	optical	n	2.7 / 230	full-flex	n	1/4000s	4.0/s	Y	n
12.		Olympus E-300	optical	n	1.8 / 134	fixed	n	1/4000s	2.5/s	Y	n
13.		Olympus E-330	optical	n	2.5 / 215	tilting	n	1/4000s	3.0/s	Y	n
14.		Olympus E-400	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	n
15.		Olympus E-410	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	n
16.		Olympus E-510	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	Y
17.		Panasonic L10	optical	n	2.5 / 207	swivel	n	1/4000s	3.0/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The E-500 has one, while the M8 does not. While the built-in flash of the E-500 is not very powerful, it can at times be useful as a fill-in light.

The M8 writes its imaging data to SDXC cards, while the E-500 uses Compact Flash or xD Picture cards. The E-500 features dual card slots, which can be very useful in case a memory card fails. In contrast, the M8 only has one slot.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M8 and Olympus Evolt E-500 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M8	Y	- / -	-	-	-	2.0	-	-	-
2.		Olympus E-500	Y	- / -	-	-	-	2.0	-	-	-
3.		Canon T3	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Canon XTi	Y	- / -	-	-	-	2.0	-	-	-
5.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
6.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
7.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
8.		Nikon D40X	Y	- / -	-	-	-	2.0	-	-	-
9.		Nikon D80	Y	- / -	-	-	-	2.0	-	-	-
10.		Nikon D3000	Y	- / -	-	-	-	2.0	-	-	-
11.		Nikon D5000	Y	mono / mono	-	-	mini	2.0	-	-	-
12.		Olympus E-300	Y	- / -	-	-	-	2.0	-	-	-
13.		Olympus E-330	Y	- / -	-	-	-	2.0	-	-	-
14.		Olympus E-400	Y	- / -	-	-	-	2.0	-	-	-
15.		Olympus E-410	Y	- / -	-	-	-	2.0	-	-	-
16.		Olympus E-510	Y	- / -	-	-	-	2.0	-	-	-
17.		Panasonic L10	Y	- / -	-	-	-	2.0	-	-	-

Both the M8 and the E-500 have been discontinued, but can regularly be found used on ebay. The E-500 was replaced by the Olympus E-510, while the M8 was followed by the Leica M9. Further information on the features and operation of the M8 and E-500 can be found, respectively, in the Leica M8 Manual (free pdf) or the online Olympus E-500 Manual.

Review summary

So what conclusions can be drawn? Is there a clear favorite between the Leica M8 and the Olympus E-500? Which camera is better? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Leica M8:

• More detail: Offers more megapixels (10.4 vs 8MP) with a 16% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Features a larger and more technologically advanced imaging sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Is somewhat more recent (announced 11 months after the E-500).

Arguments in favor of the Olympus Evolt E-500:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Faster burst: Shoots at higher frequency (2.5 vs 2 flaps/sec) to capture the decisive moment.
• Less heavy: Has a lower weight (by 112g or 19 percent) and is thus easier to take along.
• Longer lasting: Gets more shots (750 versus 550) out of a single battery charge.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More affordable: Was introduced into a lower priced category (89 percent cheaper at launch).
• More heavily discounted: Has been on the market for longer (launched in September 2005).

If the count of individual advantages (bullet points above) is taken as a guide, the M8 comes out slightly ahead of the E-500 (9 : 8 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains incomplete and does no justice, for example, to the way the M8 or the E-500 perform in practice. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is where reviews by experts come in. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M8	..	..	..	+ +	..	..	Sep 2006	5,499	ebay.com
2.		Olympus E-500	..	76/100	..	+ +	..	..	Sep 2005	599	ebay.com
3.		Canon T3	..	80/100	..	69/100	4/5	4.5/5	Feb 2011	449	ebay.com
4.		Canon XTi	..	+ +	..	+ +	o	4/5	Aug 2006	799	ebay.com
5.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
6.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
7.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
8.		Nikon D40X	..	79/100	..	+ +	4/5	4/5	Mar 2007	729	ebay.com
9.		Nikon D80	..	+	..	+ +	o	4.5/5	Aug 2006	999	ebay.com
10.		Nikon D3000	..	+	..	72/100	4/5	4.5/5	Jul 2009	599	ebay.com
11.		Nikon D5000	..	+ +	..	75/100	4/5	4.5/5	Apr 2009	749	ebay.com
12.		Olympus E-300	..	..	..	+	o	4.5/5	Sep 2004	799	ebay.com
13.		Olympus E-330	..	..	..	+	o	..	Jan 2006	999	ebay.com
14.		Olympus E-400	..	85/100	..	..	4/5	4/5	Sep 2006	699	ebay.com
15.		Olympus E-410	..	86/100	..	+ +	4/5	4.5/5	Mar 2007	699	ebay.com
16.		Olympus E-510	..	89/100	..	+ +	3.5/5	4.5/5	Mar 2007	799	ebay.com
17.		Panasonic L10	..	85/100	..	+	3.5/5	4/5	Aug 2007	599	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Hence, a score should always be seen in the context of the camera's market launch date and its price, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

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