Leica V-LUX 4 vs Olympus E-300

The Leica V-LUX 4 and the Olympus Evolt E-300 are two digital cameras that were revealed to the public, respectively, in September 2012 and September 2004. The V-LUX 4 is a fixed lens compact, while the E-300 is a DSLR. The cameras are based on a 1/2.3-inch (V-LUX 4) and a Four Thirds (E-300) sensor. The Leica has a resolution of 12 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 V-LUX 4		Olympus E-300
Fixed lens compact camera		Digital single lens reflex
25-600mm f/2.8		Four Thirds lenses
12 MP – 1/2.3" sensor		8 MP – Four Thirds sensor
1080/60p Video		no Video
ISO 100-3,200 (100 - 6,400)		ISO 100-400 (100 - 1,600)
Electronic viewfinder (1312k dots)		Optical viewfinder
3.0" LCD – 460k dots		1.8" LCD – 134k dots
Swivel screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
12 shutter flaps per second		2.5 shutter flaps per second
540 shots per battery charge		750 shots per battery charge
125 x 87 x 110 mm, 588 g		147 x 85 x 64 mm, 624 g

Check V-LUX 4 offers at
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Check E-300 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica V-LUX 4 and the Olympus Evolt E-300? 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

An illustration of the physical size and weight of the Leica V-LUX 4 and the Olympus E-300 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All size dimensions are rounded to the nearest millimeter.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-300 is notably larger (15 percent) than the Leica V-LUX 4. In this context, it is worth noting that neither the V-LUX 4 nor the E-300 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the V-LUX 4 has a lens built in, whereas the E-300 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 E-300 and their specifications in the Four Thirds Lens Catalog.

Concerning battery life, the V-LUX 4 gets 540 shots out of its Leica BP-DC12 battery, while the E-300 can take 750 images on a single charge of its Olympus BLM-1 power pack.

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 V-LUX 4	125 mm	87 mm	110 mm	588 g	540	n	Sep 2012	949	ebay.com
2.		Olympus E-300	147 mm	85 mm	64 mm	624 g	750	n	Sep 2004	799	ebay.com
3.		Canon G1 X Mark II	116 mm	74 mm	66 mm	553 g	240	n	Feb 2014	799	ebay.com
4.		Canon G1 X	117 mm	81 mm	65 mm	534 g	250	n	Jan 2012	799	ebay.com
5.		Canon SX50	123 mm	87 mm	106 mm	595 g	315	n	Sep 2012	429	ebay.com
6.		Canon SX40	123 mm	92 mm	108 mm	600 g	380	n	Sep 2011	429	ebay.com
7.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
8.		Leica D-LUX 6	111 mm	68 mm	46 mm	298 g	330	n	Sep 2012	699	ebay.com
9.		Leica V-LUX 3	124 mm	81 mm	95 mm	540 g	410	n	Dec 2011	949	ebay.com
10.		Leica V-LUX 2	124 mm	80 mm	95 mm	520 g	410	n	Sep 2010	849	ebay.com
11.		Leica Digilux 3	146 mm	87 mm	77 mm	606 g	750	n	Sep 2006	1,499	ebay.com
12.		Olympus E-330	140 mm	87 mm	72 mm	637 g	750	n	Jan 2006	999	ebay.com
13.		Olympus E-400	130 mm	91 mm	53 mm	435 g	500	n	Sep 2006	699	ebay.com
14.		Olympus E-500	130 mm	95 mm	66 mm	479 g	750	n	Sep 2005	599	ebay.com
15.		Olympus E-1	141 mm	104 mm	81 mm	738 g	750	Y	Jun 2003	1,699	ebay.com
16.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
17.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	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

Any camera decision will obviously take relative prices into account. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. 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.

Sensor comparison

The size of the imaging sensor is a crucial determinant 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. 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 V-LUX 4 features a 1/2.3-inch sensor and the Olympus E-300 a Four Thirds sensor. The sensor area in the E-300 is 704 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 5.6 and 2.0. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

Despite having a smaller sensor, the Leica V-LUX 4 offers a higher resolution of 12 megapixels, compared with 8 MP of the Olympus E-300. 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 1.53μm versus 5.30μm for the E-300). However, it should be noted that the V-LUX 4 is much more recent (by 7 years and 11 months) than the E-300, 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 V-LUX 4 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica V-LUX 4 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the V-LUX 4 for good quality output (200 dots per inch) amounts to 20 x 15 inches or 50.8 x 38.1 cm, for very good quality (250 dpi) 16 x 12 inches or 40.6 x 30.5 cm, and for excellent quality (300 dpi) 13.3 x 10 inches or 33.9 x 25.4 cm. The corresponding values for the Olympus E-300 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 V-LUX 4 has a native sensitivity range from ISO 100 to ISO 3200, which can be extended to ISO 100-6400. The corresponding ISO settings for the Olympus Evolt E-300 are ISO 100 to ISO 400, with the possibility to increase the ISO range to 100-1600.

In terms of underlying technology, the V-LUX 4 is build around a BSI-CMOS sensor, while the E-300 uses a CCD 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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica V-LUX 4	1/2.3	12.0	4000	3000	1080/60p	19.8	11.1	501	43
2.		Olympus E-300	Four Thirds	8.0	3264	2448	none	20.4	10.1	-40	48
3.		Canon G1 X Mark II	1.5-inch	13.0	4160	3120	1080/30p	21.5	10.8	581	58
4.		Canon G1 X	1.5-inch	14.2	4352	3264	1080/24p	21.7	10.8	644	60
5.		Canon SX50	1/2.3	12.0	4000	3000	1080/24p	20.3	11.2	179	47
6.		Canon SX40	1/2.3	12.0	4000	3000	1080/24p	19.6	10.9	409	41
7.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
8.		Leica D-LUX 6	1/1.7	10.0	3648	2736	1080/60p	19.8	10.8	-303	43
9.		Leica V-LUX 3	1/2.3	12.0	4000	3000	1080/60p	19.7	11.0	430	42
10.		Leica V-LUX 2	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	321	39
11.		Leica Digilux 3	Four Thirds	7.4	3136	2352	none	21.0	10.6	127	53
12.		Olympus E-330	Four Thirds	7.4	3136	2352	none	20.8	10.4	73	52
13.		Olympus E-400	Four Thirds	10.0	3648	2736	none	21.0	10.6	127	53
14.		Olympus E-500	Four Thirds	8.0	3264	2448	none	20.7	10.3	45	51
15.		Olympus E-1	Four Thirds	4.9	2560	1920	none	20.0	9.7	-145	44
16.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
17.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
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 V-LUX 4 indeed provides movie recording capabilities, while the E-300 does not. The highest resolution format that the V-LUX 4 can use is 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the V-LUX 4 has an electronic viewfinder (1312k dots), while the E-300 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinder in the V-LUX 4 offers a wider field of view (100%) than the one in the E-300 (95%), so that a larger proportion of the captured image is visible in the finder. On the other hand, the viewfinder of the E-300 has a higher magnification (0.5x vs 0.46x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The table below summarizes some of the other core capabilities of the Leica V-LUX 4 and Olympus E-300 in connection with corresponding information for a sample of similar 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 V-LUX 4	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
2.		Olympus E-300	optical	n	1.8 / 134	fixed	n	1/4000s	2.5/s	Y	n
3.		Canon G1 X Mark II	optional	n	3.0 / 1040	tilting	Y	1/4000s	5.2/s	Y	Y
4.		Canon G1 X	optical	n	3.0 / 922	swivel	n	1/4000s	1.9/s	Y	Y
5.		Canon SX50	202	n	3.0 / 461	swivel	n	1/2000s	2.2/s	Y	Y
6.		Canon SX40	202	n	2.7 / 230	swivel	n	1/3200s	10.3/s	Y	Y
7.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
8.		Leica D-LUX 6	optional	n	3.0 / 920	fixed	n	1/4000s	11.0/s	Y	Y
9.		Leica V-LUX 3	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
10.		Leica V-LUX 2	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
11.		Leica Digilux 3	optical	n	2.5 / 207	fixed	n	1/4000s	3.0/s	Y	n
12.		Olympus E-330	optical	n	2.5 / 215	tilting	n	1/4000s	3.0/s	Y	n
13.		Olympus E-400	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	n
14.		Olympus E-500	optical	n	2.5 / 215	fixed	n	1/4000s	2.5/s	Y	n
15.		Olympus E-1	optical	Y	1.8 / 134	fixed	n	1/4000s	3.0/s	n	n
16.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
17.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

The V-LUX 4 writes its imaging data to SDXC cards, while the E-300 uses Compact Flash or xD Picture cards. The E-300 features dual card slots, which can be very useful in case a memory card fails. In contrast, the V-LUX 4 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 V-LUX 4 and Olympus Evolt E-300 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 V-LUX 4	Y	stereo / mono	Y	-	mini	2.0	-	-	-
2.		Olympus E-300	Y	- / -	-	-	-	2.0	-	-	-
3.		Canon G1 X Mark II	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
4.		Canon G1 X	Y	stereo / mono	-	-	mini	2.0	-	-	-
5.		Canon SX50	Y	stereo / mono	-	-	mini	2.0	-	-	-
6.		Canon SX40	Y	stereo / mono	-	-	YES	2.0	-	-	-
7.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
8.		Leica D-LUX 6	Y	stereo / mono	-	-	mini	2.0	-	-	-
9.		Leica V-LUX 3	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Leica V-LUX 2	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Leica Digilux 3	Y	stereo / mono	-	-	-	2.0	-	-	-
12.		Olympus E-330	Y	- / -	-	-	-	2.0	-	-	-
13.		Olympus E-400	Y	- / -	-	-	-	2.0	-	-	-
14.		Olympus E-500	Y	- / -	-	-	-	2.0	-	-	-
15.		Olympus E-1	Y	- / -	-	-	-	2.0	-	-	-
16.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
17.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-

Both the V-LUX 4 and the E-300 have been discontinued, but can regularly be found used on ebay. The E-300 was replaced by the Olympus E-330, while the V-LUX 4 was followed by the Leica V-LUX Typ 114. Further information on the features and operation of the V-LUX 4 and E-300 can be found, respectively, in the Leica V-LUX 4 Manual (free pdf) or the online Olympus E-300 Manual.

Review summary

So what is the bottom line? Is there a clear favorite between the Leica V-LUX 4 and the Olympus E-300? Which camera is better? The listing below highlights the relative strengths of the two models.

Advantages of the Leica V-LUX 4:

• More detail: Offers more megapixels (12 vs 8MP) with a 23% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Broader imaging potential: Can record not only still images but also 1080/60p movies.
• More framing info: Has an electronic viewfinder that displays shooting data.
• More complete view: Has a viewfinder with a larger field of view (100% vs 95%).
• Larger screen: Has a bigger rear LCD (3.0" vs 1.8") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (460k vs 134k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (12 vs 2.5 flaps/sec) to capture the decisive moment.
• Ready to shoot: Comes with a built-in lens, while the E-300 requires a separate lens.
• More compact: Is smaller (125x87mm vs 147x85mm) and thus needs less room in the bag.
• Less heavy: Is lighter even though it comes with a built-in lens (unlike the E-300).
• Sharper images: Has hand-shake reducing image stabilization built-in.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 7 years and 11 months of technical progress since the E-300 launch.

Reasons to prefer the Olympus Evolt E-300:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Better image quality: Features bigger pixels on a larger sensor for higher quality imaging.
• Richer colors: The pixel size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger pixels capture a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger pixels means good image quality even under poor lighting.
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.5x vs 0.46x).
• More flexible: Makes it possible to change lenses and thus to use specialty optics.
• Longer lasting: Gets more shots (750 versus 540) out of a single battery charge.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More heavily discounted: Has been around for much longer (launched in September 2004).

If the count of individual advantages (bullet points above) is taken as a guide, the V-LUX 4 is the clear winner of the match-up (16 : 11 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 wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Leica V-LUX 4 and the Olympus E-300 place the cameras among the top in their class? Find out in the latest Best Superzoom Camera and Best DSLR Camera listings whether the two cameras rank among the cream of the crop.

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 V-LUX 4 or the E-300 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 V-LUX 4	..	..	..	..	..	..	Sep 2012	949	ebay.com
2.		Olympus E-300	..	..	..	+	o	4.5/5	Sep 2004	799	ebay.com
3.		Canon G1 X Mark II	3/5	+	..	77/100	4/5	4.5/5	Feb 2014	799	ebay.com
4.		Canon G1 X	5/5	+	..	76/100	4/5	4.5/5	Jan 2012	799	ebay.com
5.		Canon SX50	3/5	+ +	..	72/100	4.5/5	4.5/5	Sep 2012	429	ebay.com
6.		Canon SX40	..	+	..	..	4.5/5	4/5	Sep 2011	429	ebay.com
7.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
8.		Leica D-LUX 6	..	..	..	..	4/5	4/5	Sep 2012	699	ebay.com
9.		Leica V-LUX 3	..	..	..	..	..	..	Dec 2011	949	ebay.com
10.		Leica V-LUX 2	..	..	..	..	..	..	Sep 2010	849	ebay.com
11.		Leica Digilux 3	..	..	..	..	..	..	Sep 2006	1,499	ebay.com
12.		Olympus E-330	..	..	..	+	o	..	Jan 2006	999	ebay.com
13.		Olympus E-400	..	85/100	..	..	4/5	4/5	Sep 2006	699	ebay.com
14.		Olympus E-500	..	76/100	..	+ +	..	..	Sep 2005	599	ebay.com
15.		Olympus E-1	..	..	..	+	o	..	Jun 2003	1,699	ebay.com
16.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
17.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The assessments were made in relation to similar cameras of the same technological generation. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, 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 V-LUX 4 offers at
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Check E-300 offers at
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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. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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