Leica M8 vs Olympus XZ-2

The Leica M8 and the Olympus XZ-2 are two digital cameras that were announced, respectively, in September 2006 and September 2012. The M8 is a rangefinder-focusing mirrorless camera, while the XZ-2 is a fixed lens compact. The cameras are based on an APS-H (M8) and a 1/1.7-inch (XZ-2) sensor. The Leica has a resolution of 10.4 megapixels, whereas the Olympus provides 11.8 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 XZ-2
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		28-112mm f/1.8-2.5
10.4 MP – APS-H sensor		11.8 MP – 1/1.7" sensor
no Video		1080/30p Video
ISO 160-2,500		ISO 100-12,800
Optical viewfinder		Viewfinder optional
2.5" LCD – 230k dots		3.0" LCD – 920k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
2 shutter flaps per second		5 shutter flaps per second
no shake reduction		In-body stabilization
550 shots per battery charge		340 shots per battery charge
139 x 80 x 37 mm, 591 g		113 x 65 x 48 mm, 346 g

Check M8 offers at
ebay.com
Check XZ-2 offers at
ebay.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M8 and the Olympus XZ-2? 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 XZ-2. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All width, height and depth dimensions are rounded to the nearest millimeter.

The M8 can be obtained in two different colors (black, silver), while the XZ-2 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 XZ-2 is considerably smaller (34 percent) than the Leica M8. In this context, it is worth noting that neither the M8 nor the XZ-2 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the XZ-2 has a lens built in, whereas the M8 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the M8 and their specifications in the Leica M Lens Catalog.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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 XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	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-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
13.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
14.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
15.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
16.		Panasonic L10	135 mm	96 mm	78 mm	556 g	450	n	Aug 2007	599	ebay.com
17.		Pentax MX-1	122 mm	61 mm	51 mm	391 g	290	n	Jan 2013	499	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

The price is, of course, an important factor in any camera decision. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The XZ-2 was launched at a lower price than the M8, despite having a lens built in. 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 size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors tend to be more expensive and 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 XZ-2 a 1/1.7-inch sensor. The sensor area in the XZ-2 is 91 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.3 and 4.4. The sensor in the M8 has a native 3:2 aspect ratio, while the one in the XZ-2 offers a 4:3 aspect.

Despite having a smaller sensor, the XZ-2 offers a higher resolution of 11.8 megapixels, compared with 10.4 MP of the M8. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 1.91μm versus 6.84μm for the M8). However, it should be noted that the XZ-2 is much more recent (by 6 years) than the M8, and its sensor will have benefitted from technological advances during this time that make it possible to gather light more efficiently. 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 Olympus XZ-2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the XZ-2 for good quality output (200 dots per inch) amounts to 19.8 x 14.9 inches or 50.4 x 37.8 cm, for very good quality (250 dpi) 15.9 x 11.9 inches or 40.3 x 30.2 cm, and for excellent quality (300 dpi) 13.2 x 9.9 inches or 33.6 x 25.2 cm. The corresponding values for the Leica M8 are 19.7 x 13.2 inches or 50 x 33.4 cm for good quality, 15.7 x 10.5 inches or 40 x 26.7 cm for very good quality, and 13.1 x 8.8 inches or 33.3 x 22.3 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 XZ-2 are ISO 100 to ISO 12800 (no boost).

In terms of underlying technology, the M8 is build around a CCD sensor, while the XZ-2 uses a CMOS imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. This service is based on lab testing and assigns an overall score to each camera sensor, as well as ratings for dynamic range ("DXO Landscape"), color depth ("DXO Portrait"), and low-light sensitivity ("DXO Sports"). Of the two cameras under review, the M8 has a notably higher overall DXO score than the XZ-2 (overall score 10 points higher), which gives it an advantage in terms of imaging quality. This advantage is based on 0.7 bits higher color depth, and 1.6 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar 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 XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
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-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
13.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
14.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
15.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
16.		Panasonic L10	Four Thirds	10.0	3648	2736	none	21.3	10.8	429	55
17.		Pentax MX-1	1/1.7	12.0	4000	3000	1080/30p	20.4	11.3	208	49
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras cannot only take still pictures, but also record videos. The XZ-2 indeed provides for movie recording, while the M8 does not. The highest resolution format that the XZ-2 can use is 1080/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the M8 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the XZ-2 relies on live view and the rear LCD for framing. That said, the XZ-2 can be equipped with an optional viewfinder – the VF-2. The following table reports on some other key feature differences and similarities of the Leica M8, the Olympus XZ-2, and comparable cameras.

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 XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
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-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
13.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
14.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
15.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
16.		Panasonic L10	optical	n	2.5 / 207	swivel	n	1/4000s	3.0/s	Y	n
17.		Pentax MX-1	none	n	3.0 / 920	tilting	n	1/8000s	1.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The XZ-2 has a touchscreen, while the M8 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The Olympus XZ-2 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M8 and the XZ-2 write their files to SDXC cards.

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 XZ-2 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 XZ-2	Y	stereo / mono	-	-	mini	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-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
13.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
16.		Panasonic L10	Y	- / -	-	-	-	2.0	-	-	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

Both the M8 and the XZ-2 have been discontinued, but can regularly be found used on ebay. The M8 was replaced by the Leica M9, while the XZ-2 does not have a direct successor. Further information on the features and operation of the M8 and XZ-2 can be found, respectively, in the Leica M8 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So how do things add up? Is the Leica M8 better than the Olympus XZ-2 or vice versa? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Leica M8:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Scores markedly higher (10 points) in the DXO overall assessment.
• Better low-light sensitivity: Requires less light for good images (1.6 stops ISO advantage).
• Easier framing: Has an optical viewfinder for image composition and settings control.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/2000s) to freeze action.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (550 versus 340) on a single battery charge.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been available for much longer (launched in September 2006).

Arguments in favor of the Olympus XZ-2:

• More detail: Has more megapixels (11.8 vs 10.4MP), which boosts linear resolution by 5%.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Broader imaging potential: Can capture not only stills but also 1080/30p video.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.5") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (920k vs 230k dots).
• More flexible LCD: Has a tilting screen for odd-angle shots in landscape orientation.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (5 vs 2 flaps/sec) to capture the decisive moment.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has an integrated lens, whereas the M8 necessitates an extra lens.
• More compact: Is smaller (113x65mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M8).
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Reflects 6 years of technical progress since the M8 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the XZ-2 is the clear winner of the contest (16 : 9 points). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding on a new camera. A professional sports photographer will view the differences between cameras in a way that diverges from the perspective of a street photog, and a person interested in family portraits has distinct needs from a landscape shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it remains incomplete and does no justice, for example, to the way the M8 or the XZ-2 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 adjacent summary-table relays the overall verdicts of several of the most popular 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 XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	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-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
13.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
14.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
15.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
16.		Panasonic L10	..	85/100	..	+	3.5/5	4/5	Aug 2007	599	ebay.com
17.		Pentax MX-1	3/5	..	..	74/100	4/5	4/5	Jan 2013	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted 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 comparisons of ratings among very different cameras or across long time periods have little meaning. Also, please note that some of the review sites have changed their methodology and reporting over time.

Check M8 offers at
ebay.com
Check XZ-2 offers at
ebay.com

Other camera comparisons

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make a corresponding selection in the search boxes below. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

~

Check M8 offers at
ebay.com
Check XZ-2 offers at
ebay.com

Did you notice an error on this page? If so, please get in touch, so that we can correct the information.