Leica V-LUX 5 vs Olympus E-M5 III

The Leica V-LUX 5 and the Olympus OM-D E-M5 Mark III are two digital cameras that were officially introduced, respectively, in July 2019 and October 2019. The V-LUX 5 is a fixed lens compact, while the E-M5 III is a mirrorless interchangeable lens camera. The cameras are based on an one-inch (V-LUX 5) and a Four Thirds (E-M5 III) sensor. The Leica has a resolution of 20 megapixels, whereas the Olympus provides 20.2 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 5		Olympus E-M5 III
Fixed lens compact camera		Mirrorless system camera
25-400mm f/2.8-4.0		Micro Four Thirds lenses
20 MP – 1" sensor		20.2 MP – Four Thirds sensor
4K/30p Video		4K/30p Video
ISO 125-12,800 (80 - 25,600)		ISO 200-25,600
Electronic viewfinder (2360k dots)		Electronic viewfinder (2360k dots)
3.0" LCD – 1240k dots		3.0" LCD – 1040k dots
Swivel touchscreen		Swivel touchscreen
12 shutter flaps per second		10 shutter flaps per second
Lens-based stabilization		In-body stabilization
not weather sealed		Weathersealed body
350 shots per battery charge		310 shots per battery charge
136 x 97 x 131 mm, 812 g		125 x 85 x 50 mm, 414 g

Check V-LUX 5 price at
amazon.com
Check E-M5 III price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica V-LUX 5 and the Olympus OM-D E-M5 Mark III? 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 V-LUX 5 and the Olympus E-M5 III are illustrated 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 width, height and depth measures are rounded to the nearest millimeter.

The E-M5 III can be obtained in two different colors (black, silver), while the V-LUX 5 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-M5 III is notably smaller (19 percent) than the Leica V-LUX 5. It is noteworthy in this context that the E-M5 III is splash and dust-proof, while the V-LUX 5 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the V-LUX 5 has a lens built in, whereas the E-M5 III 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-M5 III and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the V-LUX 5 gets 350 shots out of its BP-DC12 battery, while the E-M5 III can take 310 images on a single charge of its BLS-50 power pack. The battery packs of both cameras can be charged via USB, which can be very convenient when travelling.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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 V-LUX 5	136 mm	97 mm	131 mm	812 g	350	n	Jul 2019	1,249	amazon.com
2.		Olympus E-M5 III	125 mm	85 mm	50 mm	414 g	310	Y	Oct 2019	1,199	amazon.com
3.		Canon G5 X Mark II	111 mm	61 mm	46 mm	340 g	230	n	Jul 2019	899	amazon.com
4.		Leica D-LUX 7	115 mm	66 mm	65 mm	392 g	300	n	Nov 2018	1,195	amazon.com
5.		Leica C-LUX	113 mm	67 mm	46 mm	340 g	370	n	Jun 2018	1,049	ebay.com
6.		Leica V-LUX Typ 114	137 mm	99 mm	131 mm	830 g	360	n	Sep 2014	1,349	ebay.com
7.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
8.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
9.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
10.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
11.		Panasonic FZ1000 II	136 mm	97 mm	131 mm	810 g	350	n	Feb 2019	899	amazon.com
12.		Panasonic FZ2500	138 mm	102 mm	135 mm	915 g	350	n	Sep 2016	1,199	amazon.com
13.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.com
14.		Panasonic FZ1000	137 mm	99 mm	131 mm	831 g	360	n	Jun 2014	899	ebay.com
15.		Sony RX100 VII	102 mm	58 mm	43 mm	302 g	260	n	Jul 2019	1,199	amazon.com
16.		Sony RX100 VI	102 mm	58 mm	43 mm	301 g	240	n	Jun 2018	1,199	ebay.com
17.		Sony RX10 II	129 mm	88 mm	102 mm	813 g	400	Y	Jun 2015	1,299	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 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. 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 imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and 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 associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica V-LUX 5 features an one-inch sensor and the Olympus E-M5 III a Four Thirds sensor. The sensor area in the E-M5 III is 94 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 2.0. The sensor in the V-LUX 5 has a native 3:2 aspect ratio, while the one in the E-M5 III offers a 4:3 aspect.

With 20.2MP, the E-M5 III offers a higher resolution than the V-LUX 5 (20MP), but the E-M5 III nevertheless has larger individual pixels (pixel pitch of 3.34μm versus 2.41μm for the V-LUX 5) due to its larger sensor. Moreover, the E-M5 III is a somewhat more recent model (by 3 months) than the V-LUX 5, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that the E-M5 III has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The E-M5 III has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

Unlike the V-LUX 5, the E-M5 III has the capacity to capture high quality composite images (80MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Leica V-LUX 5 has a native sensitivity range from ISO 125 to ISO 12800, which can be extended to ISO 80-25600. The corresponding ISO settings for the Olympus OM-D E-M5 Mark III are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 64-25600.

In terms of underlying technology, the V-LUX 5 is build around a BSI-CMOS sensor, while the E-M5 III 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 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 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 V-LUX 5	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	584	65
2.		Olympus E-M5 III	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.1	1324	76
3.		Canon G5 X Mark II	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	583	65
4.		Leica D-LUX 7	Four Thirds	16.8	4736	3552	4K/30p	22.9	12.8	1002	72
5.		Leica C-LUX	1-inch	20.0	5472	3648	4K/30p	22.1	12.3	481	64
6.		Leica V-LUX Typ 114	1-inch	20.0	5472	3648	4K/30p	21.6	11.7	127	60
7.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
8.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
9.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
10.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
11.		Panasonic FZ1000 II	1-inch	20.0	5472	3648	4K/30p	22.1	12.4	546	65
12.		Panasonic FZ2500	1-inch	20.0	5472	3648	4K/30p	23.0	12.6	538	70
13.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
14.		Panasonic FZ1000	1-inch	20.0	5472	3648	4K/30p	22.1	11.7	517	64
15.		Sony RX100 VII	1-inch	20.0	5472	3648	4K/30p	21.8	12.4	418	63
16.		Sony RX100 VI	1-inch	20.0	5472	3648	4K/30p	22.1	12.3	478	64
17.		Sony RX10 II	1-inch	20.0	5472	3648	4K/30p	23.0	12.6	531	70
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. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, and both provide the same movie specifications (4K/30p).

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. The V-LUX 5 and the E-M5 III are similar in the sense that both feature an electronic viewfinder, which is helpful when framing images in bright sunlight. Moreover, their viewfinders offer an identical resolution of 2360k dots. The following table reports on some other key feature differences and similarities of the Leica V-LUX 5, the Olympus E-M5 III, 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 V-LUX 5	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
2.		Olympus E-M5 III	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
3.		Canon G5 X Mark II	2360	n	3.0 / 1040	tilting	Y	1/2000s	30/s	Y	Y
4.		Leica D-LUX 7	2764	n	3.0 / 1240	fixed	Y	1/4000s	11.0/s	n	Y
5.		Leica C-LUX	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
6.		Leica V-LUX Typ 114	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
7.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
8.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
9.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
10.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
11.		Panasonic FZ1000 II	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
12.		Panasonic FZ2500	2360	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
13.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
14.		Panasonic FZ1000	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
15.		Sony RX100 VII	2359	n	3.0 / 921	tilting	Y	1/2000s	90.0/s	Y	Y
16.		Sony RX100 VI	2359	n	3.0 / 1229	tilting	Y	1/2000s	24.0/s	Y	Y
17.		Sony RX10 II	2359	Y	3.0 / 1229	tilting	n	1/3200s	14.0/s	Y	Y
Notes: *) 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 V-LUX 5 has one, while the E-M5 III does not. While the built-in flash of the V-LUX 5 is not very powerful, it can at times be useful as a fill-in light.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, both cameras under consideration feature an electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Leica V-LUX 5 and the Olympus E-M5 III both have 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 V-LUX 5 and the E-M5 III write their files to SDXC cards. The E-M5 III supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the V-LUX 5 can use UHS-I cards (up to 104 MB/s).

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 5 and Olympus OM-D E-M5 Mark III 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 5	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
2.		Olympus E-M5 III	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
3.		Canon G5 X Mark II	-	stereo / mono	-	-	micro	3.1	Y	-	Y
4.		Leica D-LUX 7	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
5.		Leica C-LUX	-	stereo / mono	-	-	micro	2.0	Y	-	-
6.		Leica V-LUX Typ 114	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
7.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
9.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Panasonic FZ1000 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
12.		Panasonic FZ2500	Y	stereo / mono	Y	Y	micro	2.0	Y	-	-
13.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
14.		Panasonic FZ1000	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
15.		Sony RX100 VII	-	stereo / mono	Y	-	micro	2.0	Y	Y	Y
16.		Sony RX100 VI	-	stereo / mono	-	-	micro	2.0	Y	Y	Y
17.		Sony RX10 II	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-

It is notable that the E-M5 III has a microphone port, which can help to improve the quality of audio recordings by attaching an external microphone. The V-LUX 5 does not feature such a mic input.

Both the V-LUX 5 and the E-M5 III are recent models that are part of the current product line-up. The V-LUX 5 replaced the earlier Leica V-LUX Typ 114, while the E-M5 III followed on from the Olympus E-M5 II. Further information on the features and operation of the V-LUX 5 and E-M5 III can be found, respectively, in the Leica V-LUX 5 Manual (free pdf) or the online Olympus E-M5 III Manual.

Review summary

So how do things add up? Which of the two cameras – the Leica V-LUX 5 or the Olympus E-M5 III – has the upper hand? Is one clearly better than the other? The listing below highlights the relative strengths of the two models.

Reasons to prefer the Leica V-LUX 5:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.70x vs 0.68x).
• More detailed LCD: Has a higher resolution rear screen (1240k vs 1040k dots).
• Faster burst: Shoots at higher frequency (12 vs 10 flaps/sec) to capture the decisive moment.
• Ready to shoot: Has a lens built-in, whereas the E-M5 III requires a separate lens.
• Longer lasting: Can take more shots (350 versus 310) on a single battery charge.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• 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 July 2019).

Arguments in favor of the Olympus OM-D E-M5 Mark III:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• High quality composites: Can combine several shots after pixel-shifting its sensor.
• 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.
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• More compact: Is smaller (125x85mm vs 136x97mm) and will fit more readily into a bag.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
• More modern: Was introduced somewhat (3 months) more recently.

If the count of relative strengths (bullet points above) is taken as a measure, the E-M5 III is the clear winner of the contest (14 : 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 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 5 and the Olympus E-M5 III place the cameras among the top in their class? Find out in the latest Best Superzoom Camera and Best Mirrorless Interchangeable Lens Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it says little about, for example, the shooting experience and imaging performance of the V-LUX 5 and the E-M5 III in practical situations. 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 V-LUX 5	..	..	..	..	4/5	4/5	Jul 2019	1,249	amazon.com
2.		Olympus E-M5 III	5/5	+	5/5	82/100	4.5/5	4.5/5	Oct 2019	1,199	amazon.com
3.		Canon G5 X Mark II	4/5	+	4/5	82/100	..	4/5	Jul 2019	899	amazon.com
4.		Leica D-LUX 7	..	..	..	..	..	4.5/5	Nov 2018	1,195	amazon.com
5.		Leica C-LUX	..	..	3.5/5	..	4.5/5	4/5	Jun 2018	1,049	ebay.com
6.		Leica V-LUX Typ 114	..	..	..	..	..	5/5	Sep 2014	1,349	ebay.com
7.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
8.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
9.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
10.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
11.		Panasonic FZ1000 II	..	..	..	83/100	4.5/5	4.5/5	Feb 2019	899	amazon.com
12.		Panasonic FZ2500	..	+	..	82/100	4.5/5	5/5	Sep 2016	1,199	amazon.com
13.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
14.		Panasonic FZ1000	4/5	+ +	..	82/100	4.5/5	4.5/5	Jun 2014	899	ebay.com
15.		Sony RX100 VII	4.5/5	..	4/5	..	4/5	5/5	Jul 2019	1,199	amazon.com
16.		Sony RX100 VI	4.5/5	+ +	..	83/100	4/5	4.5/5	Jun 2018	1,199	ebay.com
17.		Sony RX10 II	5/5	+ +	..	82/100	4.5/5	4/5	Jun 2015	1,299	ebay.com
Notes: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The assessments were made in relation to similar cameras of the same technological generation. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

Check V-LUX 5 price at
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Check E-M5 III price at
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Other camera comparisons

Did this review help to inform your camera decision process? If you would like to see a different side-by-side camera review, just make a corresponding selection in the search boxes below. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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