Olympus E-P3 vs Panasonic GF2

The Olympus PEN E-P3 and the Panasonic Lumix DMC-GF2 are two digital cameras that were revealed to the public, respectively, in June 2011 and November 2010. Both the E-P3 and the GF2 are mirrorless interchangeable lens cameras that are equipped with a Four Thirds sensor. The Olympus has a resolution of 12.2 megapixels, whereas the Panasonic provides 12 MP.

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

Headline Specifications

Olympus E-P3		Panasonic GF2
Mirrorless system camera		Mirrorless system camera
Micro Four Thirds lenses		Micro Four Thirds lenses
12.2 MP – Four Thirds sensor		12 MP – Four Thirds sensor
1080/60i Video		1080/60i Video
ISO 200-12,800		ISO 100-6,400
Viewfinder optional		Viewfinder optional
3.0" LCD – 614k dots		3.0" LCD – 460k dots
Fixed touchscreen		Fixed touchscreen
3 shutter flaps per second		2.6 shutter flaps per second
In-body stabilization		Lens stabilization only
330 shots per battery charge		300 shots per battery charge
122 x 69 x 34 mm, 369 g		113 x 68 x 33 mm, 310 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus PEN E-P3 and the Panasonic Lumix DMC-GF2? 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 Olympus E-P3 and the Panasonic GF2. 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 E-P3 can be obtained in three different colors (black, silver, white), while the GF2 is available in four color-versions (black, silver, red, white).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic GF2 is notably smaller (9 percent) than the Olympus E-P3. Moreover, the GF2 is markedly lighter (16 percent) than the E-P3. In this context, it is worth noting that neither the E-P3 nor the GF2 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. In this particular case, both cameras feature the same lens mount, so that they can use the same lenses. You can compare the optics available in the Micro Four Thirds Lens Catalog. Mirrorless cameras, such as the two under consideration, have the additional advantage of having a short flange to focal plane distance, which makes it possible to mount many lenses from other systems onto the camera via adapters.

Concerning battery life, the E-P3 gets 330 shots out of its Olympus BLS-5 battery, while the GF2 can take 300 images on a single charge of its Panasonic DMW-BLD10 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	US$ 799	ebay.com
2.		Panasonic GF2	113 mm	68 mm	33 mm	310 g	300	n	Nov 2010	US$ 549	ebay.com
3.		Olympus E-M10	119 mm	82 mm	46 mm	396 g	320	n	Jan 2014	US$ 699	ebay.com
4.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	US$ 649	ebay.com
5.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	US$ 799	ebay.com
6.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	US$ 799	ebay.com
7.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	US$ 999	ebay.com
8.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	US$ 599	ebay.com
9.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	US$ 599	ebay.com
10.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	US$ 599	ebay.com
11.		Olympus E-PM1	110 mm	64 mm	34 mm	265 g	330	n	Jun 2011	US$ 499	ebay.com
12.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	US$ 599	ebay.com
13.		Panasonic G2	124 mm	84 mm	74 mm	428 g	360	n	Mar 2010	US$ 599	ebay.com
14.		Panasonic G3	115 mm	84 mm	47 mm	336 g	270	n	May 2011	US$ 599	ebay.com
15.		Panasonic G10	124 mm	84 mm	74 mm	388 g	380	n	Mar 2010	US$ 499	ebay.com
16.		Panasonic GF1	119 mm	71 mm	36 mm	385 g	380	n	Sep 2009	US$ 749	ebay.com
17.		Panasonic GF3	108 mm	67 mm	32 mm	264 g	300	n	Jun 2011	US$ 549	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 GF2 was launched at a markedly lower price (by 31 percent) than the E-P3, 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 sensor inside a digital camera is one of the key determinants 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 tend to be more expensive and lead to bigger and heavier cameras and lenses.

Both cameras under consideration feature a Four Thirds sensor and have a format factor (sometimes also referred to as "crop factor") of 2.0. Within the spectrum of camera sensors, this places the review cameras among the medium-sized sensor cameras that aim to strike a balance between image quality and portability. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

While the two cameras under review share the same sensor size, the E-P3 offers a slightly higher resolution of 12.2 megapixels, compared with 12 MP of the GF2. This megapixels advantage translates into a 0.8 percent gain in linear resolution. On the other hand, these sensor specs imply that the E-P3 has a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 4.29μm versus 4.33μm for the GF2). In this context, it should be noted, however, that the E-P3 is a somewhat more recent model (by 7 months) than the GF2, and its sensor might have benefitted from technological advances during this time that at least partly compensate for the smaller pixel size.

The Olympus PEN E-P3 has a native sensitivity range from ISO 200 to ISO 12800. The corresponding ISO settings for the Panasonic Lumix DMC-GF2 are ISO 100 to ISO 6400 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) 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 Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. 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.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
2.		Panasonic GF2	Four Thirds	12.0	4000	3000	1080/60i	21.2	10.3	506	54
3.		Olympus E-M10	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	884	72
4.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
5.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
6.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
7.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
8.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
9.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
10.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
11.		Olympus E-PM1	Four Thirds	12.2	4032	3024	1080/60i	21.0	10.3	499	52
12.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
13.		Panasonic G2	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	493	53
14.		Panasonic G3	Four Thirds	15.8	4592	3448	1080/60i	21.0	10.6	667	56
15.		Panasonic G10	Four Thirds	12.0	4000	3000	720/30p	21.2	10.1	411	52
16.		Panasonic GF1	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	513	54
17.		Panasonic GF3	Four Thirds	12.0	4000	3000	1080/60i	20.6	10.1	459	50

Many modern cameras are not only capable of taking still images, but can also record movies. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, and both provide the same movie specifications (1080/60i).

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The E-P3 and the GF2 are similar in the sense that neither of the two has a viewfinder. The images are, thus, framed using live view on the rear LCD. However, optional viewfinders – the VF-3 for the E-P3 and the DMW-LVF1 for the GF2 – are available as accessories. The following table reports on some other key feature differences and similarities of the Olympus E-P3, the Panasonic GF2, 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.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
2.		Panasonic GF2	optional	n	3.0 / 460	fixed	Y	1/4000s	2.6/s	Y	n
3.		Olympus E-M10	1440	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	Y	Y
4.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
5.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
6.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
7.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
8.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
9.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
10.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
11.		Olympus E-PM1	optional	n	3.0 / 460	fixed	n	1/4000s	5.5/s	n	Y
12.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
13.		Panasonic G2	1440	n	3.0 / 460	swivel	Y	1/4000s	2.6/s	Y	n
14.		Panasonic G3	1440	n	3.0 / 460	swivel	Y	1/4000s	4.0/s	Y	n
15.		Panasonic G10	202	n	3.0 / 460	fixed	n	1/4000s	2.6/s	Y	n
16.		Panasonic GF1	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	n
17.		Panasonic GF3	none	n	3.0 / 460	fixed	Y	1/4000s	3.2/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that differentiates the E-P3 and the GF2 is in-body image stabilization (IBIS). The E-P3 reduces the risk of handshake-induced blur with all attached lenses, while the GF2 offers no blur reduction with lenses that themselves do not provide optical image stabilization.

Concerning the storage of imaging data, both the E-P3 and the GF2 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 GF2 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 Olympus PEN E-P3 and Panasonic Lumix DMC-GF2 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.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
2.		Panasonic GF2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Olympus E-M10	Y	stereo / mono	-	-	micro	2.0	Y	-	-
4.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
5.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
6.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
7.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
11.		Olympus E-PM1	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Panasonic G2	Y	stereo / mono	-	-	mini	2.0	-	-	-
14.		Panasonic G3	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic G10	Y	mono / -	-	-	mini	2.0	-	-	-
16.		Panasonic GF1	Y	mono / mono	-	-	mini	2.0	-	-	-
17.		Panasonic GF3	-	stereo / mono	-	-	mini	2.0	-	-	-

Both the E-P3 and the GF2 have been discontinued, but can regularly be found used on ebay. The GF2 was replaced by the Panasonic GF3, while the E-P3 was followed by the Olympus E-P5. Further information on the features and operation of the E-P3 and GF2 can be found, respectively, in the Olympus E-P3 Manual (free pdf) or the online Panasonic GF2 Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Olympus E-P3 or the Panasonic GF2 – has the upper hand? Is one clearly better than the other? Below is a summary of the relative strengths of each of the two contestants.

Reasons to prefer the Olympus PEN E-P3:

• More detailed LCD: Has a higher resolution rear screen (614k vs 460k dots).
• Faster burst: Shoots at higher frequency (3 vs 2.6 flaps/sec) to capture the decisive moment.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More modern: Is somewhat more recent (announced 7 months after the GF2).

Arguments in favor of the Panasonic Lumix DMC-GF2:

• Less heavy: Has a lower weight (by 59g or 16 percent) and is thus easier to take along.
• More affordable: Was introduced into a lower priced category (31 percent cheaper at launch).
• More heavily discounted: Has been on the market for longer (launched in November 2010).

If the number of relative strengths (bullet points above) is taken as a guide, the E-P3 emerges as the winner of the contest (5 : 3 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision 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 Olympus E-P3 and the Panasonic GF2 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing whether the two cameras rank among the cream of the crop.

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 E-P3 or the GF2. 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 why expert reviews are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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	Street Price
1.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	US$ 799	ebay.com
2.		Panasonic GF2	3/5	82/100	..	70/100	4.5/5	4.5/5	Nov 2010	US$ 549	ebay.com
3.		Olympus E-M10	4/5	..	..	80/100	5/5	5/5	Jan 2014	US$ 699	ebay.com
4.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	US$ 649	ebay.com
5.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	US$ 799	ebay.com
6.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	US$ 799	ebay.com
7.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	US$ 999	ebay.com
8.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	US$ 599	ebay.com
9.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	US$ 599	ebay.com
10.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	US$ 599	ebay.com
11.		Olympus E-PM1	..	86/100	..	71/100	4.5/5	4.5/5	Jun 2011	US$ 499	ebay.com
12.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	US$ 599	ebay.com
13.		Panasonic G2	..	..	..	72/100	4/5	4.5/5	Mar 2010	US$ 599	ebay.com
14.		Panasonic G3	3/5	+ +	..	75/100	4.5/5	5/5	May 2011	US$ 599	ebay.com
15.		Panasonic G10	3/5	..	..	70/100	4/5	4/5	Mar 2010	US$ 499	ebay.com
16.		Panasonic GF1	..	85/100	..	69/100	4.5/5	4.5/5	Sep 2009	US$ 749	ebay.com
17.		Panasonic GF3	3/5	82/100	..	71/100	4.5/5	4/5	Jun 2011	US$ 549	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. 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. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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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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