Leica M9 vs Olympus E-P3

The Leica M9 and the Olympus PEN E-P3 are two enthusiast cameras that were revealed to the public, respectively, in September 2009 and June 2011. The M9 is a rangefinder-focusing mirrorless, while the E-P3 is a mirrorless interchangeable lens camera. The cameras are based on a full frame (M9) and a Four Thirds (E-P3) sensor. The Leica has a resolution of 18.1 megapixels, whereas the Olympus provides 12.2 MP.

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

Headline Specifications

Leica M9		Olympus E-P3
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Micro Four Thirds lenses
18.1 MP – Full Frame sensor		12.2 MP – Four Thirds sensor
no Video		1080/60i Video
ISO 80-2,500		ISO 200-12,800
Optical viewfinder		Viewfinder optional
2.5" LCD – 230k dots		3.0" LCD – 614k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
2 shutter flaps per second		3 shutter flaps per second
no shake reduction		In-body stabilization
550 shots per battery charge		330 shots per battery charge
139 x 80 x 37 mm, 585 g		122 x 69 x 34 mm, 369 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M9 and the Olympus PEN E-P3? 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 physical size and weight of the Leica M9 and the Olympus E-P3 are illustrated in the side-by-side display below. 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 M9 can be obtained in two different colors (black, silver), while the E-P3 is available in three color-versions (black, silver, white).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-P3 is notably smaller (24 percent) than the Leica M9. Moreover, the E-P3 is substantially lighter (37 percent) than the M9. In this context, it is worth noting that neither the M9 nor the E-P3 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 (M9) and the Micro Four Thirds Lens Catalog (E-P3).

Concerning battery life, the M9 gets 550 shots out of its Leica BLI-312 battery, while the E-P3 can take 330 images on a single charge of its Olympus BLS-5 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

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 M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
2.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	799	ebay.com
3.		Canon T2i	129 mm	98 mm	62 mm	530 g	440	n	Feb 2010	699	ebay.com
4.		Canon T1i	129 mm	98 mm	62 mm	520 g	400	n	Mar 2009	799	ebay.com
5.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
6.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
7.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
8.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
9.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	2,295	ebay.com
10.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
11.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
12.		Leica M8	139 mm	80 mm	37 mm	591 g	550	n	Sep 2006	5,499	ebay.com
13.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
14.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
15.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	599	ebay.com
16.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	799	ebay.com
17.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	799	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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The price is, of course, an important factor in any camera decision. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The E-P3 was launched at a markedly lower price (by 90 percent) than the M9, which puts it into a different market segment. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. 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. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica M9 features a full frame sensor and the Olympus E-P3 a Four Thirds sensor. The sensor area in the E-P3 is 74 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 2.0. The sensor in the M9 has a native 3:2 aspect ratio, while the one in the E-P3 offers a 4:3 aspect.

With 18.1MP, the M9 offers a higher resolution than the E-P3 (12.2MP), but the M9 nevertheless has larger individual pixels (pixel pitch of 6.91μm versus 4.29μm for the E-P3) due to its larger sensor. However, the E-P3 is a somewhat more recent model (by 1 year and 9 months) than the M9, and its sensor might have benefitted from technological advances during this time that enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that the M9 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica M9 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M9 for good quality output (200 dots per inch) amounts to 26.1 x 17.4 inches or 66.2 x 44.1 cm, for very good quality (250 dpi) 20.8 x 13.9 inches or 53 x 35.3 cm, and for excellent quality (300 dpi) 17.4 x 11.6 inches or 44.1 x 29.4 cm. The corresponding values for the Olympus E-P3 are 20.2 x 15.1 inches or 51.2 x 38.4 cm for good quality, 16.1 x 12.1 inches or 41 x 30.7 cm for very good quality, and 13.4 x 10.1 inches or 34.1 x 25.6 cm for excellent quality prints.

The Leica M9 has a native sensitivity range from ISO 80 to ISO 2500. The corresponding ISO settings for the Olympus PEN E-P3 are ISO 200 to ISO 12800 (no boost).

In terms of underlying technology, the M9 is build around a CCD sensor, while the E-P3 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.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. 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 M9 provides substantially higher image quality than the E-P3, with an overall score that is 18 points higher. This advantage is based on 1.7 bits higher color depth, 1.6 EV in additional dynamic range, and 0.7 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 M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
2.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
3.		Canon T2i	APS-C	17.9	5184	3456	1080/30p	22.1	11.5	784	66
4.		Canon T1i	APS-C	15.1	4752	3168	1080/20p	21.7	11.5	663	63
5.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
6.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
7.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
8.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
9.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
10.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
11.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
12.		Leica M8	APS-H	10.4	3936	2630	none	21.1	11.3	663	59
13.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
14.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
15.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
16.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
17.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but also of capturing video footage. The E-P3 indeed provides for movie recording, while the M9 does not. The highest resolution format that the E-P3 can use is 1080/60i.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the M9 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the E-P3 relies on live view and the rear LCD for framing. That said, the E-P3 can be equipped with an optional viewfinder – the VF-3. The following table reports on some other key feature differences and similarities of the Leica M9, the Olympus E-P3, 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 M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
2.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
3.		Canon T2i	optical	n	3.0 / 1040	fixed	n	1/4000s	3.7/s	Y	n
4.		Canon T1i	optical	n	3.0 / 920	fixed	n	1/4000s	3.4/s	Y	n
5.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
6.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
7.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
8.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
9.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
10.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
11.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
12.		Leica M8	optical	n	2.5 / 230	fixed	n	1/8000s	2.0/s	n	n
13.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
14.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
15.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
16.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
17.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	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 E-P3 has a touchscreen, while the M9 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

Concerning the storage of imaging data, both the M9 and the E-P3 write their files to SDXC cards. The E-P3 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the M9 cannot take advantage of Ultra High Speed SD 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 M9 and Olympus PEN E-P3 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 M9	Y	- / -	-	-	-	2.0	-	-	-
2.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
3.		Canon T2i	Y	stereo / -	Y	-	mini	2.0	-	-	-
4.		Canon T1i	Y	mono / mono	-	-	mini	2.0	-	-	-
5.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
6.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
7.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
9.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
10.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
12.		Leica M8	Y	- / -	-	-	-	2.0	-	-	-
13.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
17.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-

Both the M9 and the E-P3 have been discontinued, but can regularly be found used on ebay. The M9 was replaced by the Leica M Typ 240, while the E-P3 was followed by the Olympus E-P5. Further information on the features and operation of the M9 and E-P3 can be found, respectively, in the Leica M9 Manual (free pdf) or the online Olympus E-P3 Manual.

Review summary

So how do things add up? Which of the two cameras – the Leica M9 or the Olympus E-P3 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Arguments in favor of the Leica M9:

• More detail: Offers more megapixels (18.1 vs 12.2MP) with a 24% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Scores substantially higher (18 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (1.7 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (1.6 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (0.7 stops ISO advantage).
• Easier framing: Has an optical viewfinder for image composition and settings control.
• Longer lasting: Can take more shots (550 versus 330) on a single battery charge.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been on the market for longer (launched in September 2009).

Reasons to prefer the Olympus PEN E-P3:

• 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 1080/60i 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 (614k vs 230k dots).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster burst: Shoots at higher frequency (3 vs 2 flaps/sec) to capture the decisive moment.
• More compact: Is smaller (122x69mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 216g or 37 percent) and is thus easier to take along.
• 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.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More affordable: Was introduced into a lower priced category (90 percent cheaper at launch).
• More modern: Was introduced somewhat (1 year and 9 months) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the E-P3 emerges as the winner of the match-up (13 : 10 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 partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M9 or the E-P3. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

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 M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
2.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	799	ebay.com
3.		Canon T2i	..	+ +	..	77/100	4/5	4.5/5	Feb 2010	699	ebay.com
4.		Canon T1i	..	+ +	..	74/100	4.5/5	4.5/5	Mar 2009	799	ebay.com
5.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
6.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
7.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
8.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
9.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	2,295	ebay.com
10.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
11.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
12.		Leica M8	..	..	..	+ +	..	..	Sep 2006	5,499	ebay.com
13.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
14.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
15.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	599	ebay.com
16.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	799	ebay.com
17.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	799	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

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