Olympus PEN-F vs Panasonic FZ300

The Olympus PEN-F and the Panasonic Lumix DMC-FZ300 (labelled Panasonic FZ330 in some countries) are two digital cameras that were officially introduced, respectively, in January 2016 and July 2015. The PEN-F is a mirrorless interchangeable lens camera, while the FZ300 is a fixed lens compact. The cameras are based on a Four Thirds (PEN-F) and a 1/2.3-inch (FZ300) sensor. The Olympus has a resolution of 20.2 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 PEN-F		Panasonic FZ300
Mirrorless system camera		Fixed lens compact camera
Micro Four Thirds lenses		25-600mm f/2.8
20.2 MP – Four Thirds sensor		12 MP – 1/2.3" sensor
1080/60p Video		4K/30p Video
ISO 80-25,600		ISO 100-6,400
Electronic viewfinder (2360k dots)		Electronic viewfinder (1440k dots)
3.0" LCD – 1037k dots		3.0" LCD – 1040k dots
Swivel touchscreen		Swivel touchscreen
10 shutter flaps per second		12 shutter flaps per second
In-body stabilization		Lens-based stabilization
not weather sealed		Weathersealed body
330 shots per battery charge		380 shots per battery charge
125 x 72 x 37 mm, 427 g		132 x 92 x 117 mm, 691 g

Check PEN-F offers at
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Check FZ300 price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus PEN-F and the Panasonic Lumix DMC-FZ300? 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 PEN-F and the Panasonic FZ300. 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.

The PEN-F can be obtained in two different colors (black, silver), while the FZ300 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 Panasonic FZ300 is notably larger (35 percent) than the Olympus PEN-F. It is noteworthy in this context that the FZ300 is splash and dust-proof, while the PEN-F does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ300 has a lens built in, whereas the PEN-F 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 PEN-F and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the PEN-F gets 330 shots out of its BLN-1 battery, while the FZ300 can take 380 images on a single charge of its DMW-BLC12 power pack.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. 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.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
2.		Panasonic FZ300	132 mm	92 mm	117 mm	691 g	380	Y	Jul 2015	599	amazon.com
3.		Canon SX60	128 mm	93 mm	114 mm	650 g	340	n	Sep 2014	549	ebay.com
4.		Olympus E-M10 III	122 mm	84 mm	50 mm	410 g	330	n	Aug 2017	649	ebay.com
5.		Olympus E-PL8	115 mm	67 mm	38 mm	357 g	350	n	Sep 2016	549	ebay.com
6.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
7.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
8.		Olympus E-PL7	115 mm	67 mm	38 mm	357 g	350	n	Aug 2014	599	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-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
11.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
12.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.com
13.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	ebay.com
14.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
15.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
16.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	499	ebay.com
17.		Sony HX400V	130 mm	93 mm	103 mm	660 g	300	n	Feb 2014	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 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 FZ300 was launched at a lower price than the PEN-F, despite having a lens built in. 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.

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. 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 are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Olympus PEN-F features a Four Thirds sensor and the Panasonic FZ300 a 1/2.3-inch sensor. The sensor area in the FZ300 is 88 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.0 and 5.6. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

With 20.2MP, the PEN-F offers a higher resolution than the FZ300 (12MP), but the PEN-F nevertheless has larger individual pixels (pixel pitch of 3.34μm versus 1.53μm for the FZ300) due to its larger sensor. Moreover, the PEN-F is a somewhat more recent model (by 6 months) than the FZ300, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The resolution advantage of the Olympus PEN-F implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the PEN-F for good quality output (200 dots per inch) amounts to 25.9 x 19.4 inches or 65.8 x 49.4 cm, for very good quality (250 dpi) 20.7 x 15.6 inches or 52.7 x 39.5 cm, and for excellent quality (300 dpi) 17.3 x 13 inches or 43.9 x 32.9 cm. The corresponding values for the Panasonic FZ300 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 cm for excellent quality prints.

Unlike the FZ300, the PEN-F has the capacity to capture high quality composite images (40MP) 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 Olympus PEN-F has a native sensitivity range from ISO 80 to ISO 25600. The corresponding ISO settings for the Panasonic Lumix DMC-FZ300 are ISO 100 to ISO 6400 (no boost).

In terms of underlying technology, the PEN-F is build around a CMOS sensor, while the FZ300 uses a BSI-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 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. Of the two cameras under review, the PEN-F provides substantially higher image quality than the FZ300, with an overall score that is 36 points higher. This advantage is based on 3.8 bits higher color depth, 1.4 EV in additional dynamic range, and 3.2 stops in additional low light sensitivity. 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 PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
2.		Panasonic FZ300	1/2.3	12.0	4000	3000	4K/30p	19.3	11.0	97	38
3.		Canon SX60	1/2.3	14.2	4608	3072	1080/60p	19.2	10.8	127	39
4.		Olympus E-M10 III	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1120	74
5.		Olympus E-PL8	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.6	1030	73
6.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
7.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
8.		Olympus E-PL7	Four Thirds	15.9	4608	3456	1080/30p	22.7	12.4	873	72
9.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
10.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
11.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
12.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
13.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
14.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
15.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
16.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
17.		Sony HX400V	1/2.3	20.2	5184	3888	1080/60p	20.1	11.4	629	45
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 two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the FZ300 provides a better video resolution than the PEN-F. It can shoot movie footage at 4K/30p, while the Olympus is limited to 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The two cameras under consideration are similar with respect to both having an electronic viewfinder. However, the one in the PEN-F offers a substantially higher resolution than the one in the FZ300 (2360k vs 1440k dots). The table below summarizes some of the other core capabilities of the Olympus PEN-F and Panasonic FZ300 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.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
2.		Panasonic FZ300	1440	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
3.		Canon SX60	922	n	3.0 / 922	swivel	n	1/2000s	6.4/s	Y	Y
4.		Olympus E-M10 III	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
5.		Olympus E-PL8	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
6.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
7.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
8.		Olympus E-PL7	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
9.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
10.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
11.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
12.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
13.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
14.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
15.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
16.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
17.		Sony HX400V	210	n	3.0 / 921	tilting	n	1/4000s	10.0/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 FZ300 has one, while the PEN-F does not. While the built-in flash of the FZ300 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 Olympus PEN-F and the Panasonic FZ300 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 PEN-F and the FZ300 write their files to SDXC cards. The PEN-F supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the FZ300 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 Olympus PEN-F and Panasonic Lumix DMC-FZ300 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 PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
2.		Panasonic FZ300	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
3.		Canon SX60	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
4.		Olympus E-M10 III	Y	stereo / mono	-	-	micro	2.0	Y	-	-
5.		Olympus E-PL8	Y	stereo / mono	-	-	micro	2.0	Y	-	-
6.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
7.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-PL7	Y	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
11.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
13.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
14.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
15.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
17.		Sony HX400V	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the FZ300 has a microphone port, which can help to improve the quality of audio recordings by attaching an external microphone. The PEN-F does not feature such a mic input.

The FZ300 is a recent model that features in the current product line-up of Panasonic. In contrast, the PEN-F has been discontinued (but can be found pre-owned on ebay). There has not been a direct replacement model for the PEN-F from Olympus. Further information on the features and operation of the PEN-F and FZ300 can be found, respectively, in the Olympus PEN-F Manual (free pdf) or the online Panasonic FZ300 Manual.

Review summary

So what conclusions can be drawn? Is the Olympus PEN-F better than the Panasonic FZ300 or vice versa? The listing below highlights the relative strengths of the two models.

Advantages of the Olympus PEN-F:

• More detail: Offers more megapixels (20.2 vs 12MP) with a 30% higher linear resolution.
• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Better image quality: Scores substantially higher (36 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (3.8 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (1.4 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (3.2 stops ISO advantage).
• More detailed viewfinder: Has higher resolution electronic viewfinder (2360k vs 1440k dots).
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• More compact: Is smaller (125x72mm vs 132x92mm) and thus needs less room in the bag.
• Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
• More modern: Is somewhat more recent (announced 6 months after the FZ300).

Reasons to prefer the Panasonic Lumix DMC-FZ300:

• Better video: Provides higher definition movie capture (4K/30p vs 1080/60p).
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.70x vs 0.62x).
• Faster burst: Shoots at higher frequency (12 vs 10 flaps/sec) to capture the decisive moment.
• Ready to shoot: Has an integrated lens, whereas the PEN-F necessitates an extra lens.
• Longer lasting: Gets more shots (380 versus 330) out of a single battery charge.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• 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 heavily discounted: Has been on the market for longer (launched in July 2015).

If the number of relative strengths (bullet points above) is taken as a guide, the PEN-F emerges as the winner of the contest (12 : 10 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 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.

How about other alternatives? Do the specifications of the Olympus PEN-F and the Panasonic FZ300 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera and Best Superzoom 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 remains incomplete and does no justice, for example, to the way the PEN-F or the FZ300 perform in practice. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why hands-on reviews by experts are important. The following table reports the overall ratings of the cameras as published by some of the major 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.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
2.		Panasonic FZ300	..	+ +	..	..	4.5/5	4.5/5	Jul 2015	599	amazon.com
3.		Canon SX60	3/5	+ +	..	75/100	4/5	4.5/5	Sep 2014	549	ebay.com
4.		Olympus E-M10 III	..	+	5/5	80/100	4.5/5	4.5/5	Aug 2017	649	ebay.com
5.		Olympus E-PL8	..	..	..	..	4.5/5	4/5	Sep 2016	549	ebay.com
6.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
7.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
8.		Olympus E-PL7	4/5	+	..	..	5/5	4/5	Aug 2014	599	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-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
11.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
12.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
13.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	ebay.com
14.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
15.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
16.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	499	ebay.com
17.		Sony HX400V	4/5	+ +	..	..	4/5	4/5	Feb 2014	499	ebay.com
Notes: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. 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. 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

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