Last update:- 11th February 2026Introduction.
The Olympus Pen F continues to be a popular camera for MFT photographers. While some continue to ask for a Pen F II, it is not clear what improvements they want. The Pen F was such a unique camera with so many possible applications that it's important to be specific when asking for a new version. It doesn't take much to see that OM System delivered by repackaging the OM-1 II into an OM-3 with the new CP button, and Creative Dial. Are computational features, color and monochrome profiles, more tonal control, ART filters, and the Color Creator enough to please those wanting a Pen F II?
An interesting trend is modern photographers wanting something unique and different. Breaking away from the uniform-looking professional or "approved" compact cameras of 2026, modern photographers prioritize the quality and the look and feel of modern digital cameras. Image quality and the ability to personalize your photos in the camera have become key differentiators. Is the social media push for a "perfect" camera, image quality, video, and sensor size the right focus to grow this trend?

Having owned the OM-3 for a year, I haven't regretted one moment of keeping my E-M1 III and buying the OM-3. It has proven to be such an inspiring combination that I decided to sell my Fuji X-T5 in December 2025 and my Pen F in February 2026. Imagine my surprise as some continue to question the pricing of the OM-3 or when they ask for a Pen F II. Let's take a closer look at the OM-3 and why it's a welcome upgrade to the Pen F. It's important to review some basics and the history of the Olympus Pen E-P range to appreciate why I think the OM-3 is a worthy successor to the Pen F.

The above illustration is a high-level overview of the image signal path from the lens to the SD card. It was designed to highlight only the information that benefits photographers. Most hobby photographers don't know that we manage sensor saturation and SNR with the aperture and shutter speed combo or that the ISO function amplifies the image signal from the sensor. Without actively using the flowchart, a better understanding of the digital imaging process is enough to improve your photography. The flowchart highlights the roles of the lens, the sensor, the TruePic image processor, and Workspace in the image creation process. See my articles for more about OM System and Olympus.
The Olympus Imaging Business always highlighted the significance of the lens, the sensor, the TruePic image processor, firmware, and the benefits of Workspace. It is important to understand why each of these components is equally important in the image creation process. The digital exposure triangle and the image signal flowchart also help us to evaluate Olympus and new OM System cameras. Each new product from OM System (Olympus) is part of a complete photography solution.
We can spend days on the image signal flowchart. Focusing on the critical parts, we know the sensor records grayscale image data, and the TruePic image processor turns that data into a color image. For example, it takes the sensor’s grayscale tonal data, combines it with the color information from the RGB filter array, applies the selected white balance, and reconstructs a full color or the Olympus "Kodak image look" through interpolation, tonal rendering, and color mapping. Olympus (OM System) users have access to the TruePic image processor via the creative dial and Workspace.
The cameras that differentiate creative photographers from enthusiasts and pro's.
What do we learn about these cameras when we evaluate the above data with the image signal flowchart?
Let's review the Olympus Pen E-P series, the Pen-F, and the OM-3.
The Pen E-P range is similar to the E-M5 range from Olympus, and the Pen E-PL (light) range is similar to the E-M10 range. Olympus targeted different customer segments with OM-D and PEN cameras. The Pen F and the OM-3 are special with their high-quality metal finishes and their creative and advanced features. The Pen F targeted the creative photographer, whereas the E-M5 II and the E-M1 II target enthusiast and professional photographers. OM System's product differentiation is not that clear at this stage. The OM-3 seems to replace the Pen F in the OM System lineup, while the OM-1 II and the OM-5 II are excellent enthusiast and professional cameras. If these product patterns and timeline characteristics hold, we might see an entry-level E-M 10 IV and an OM-1 III in 2026.
Image quality is one of the most complex subjects to quantify because we do not have an inclusive image quality standard. We know Olympus did not use image quality to differentiate between OMD and Pen cameras. It's also fair to ask if newer cameras have better image quality. While the quick answer is yes, I will not hesitate to use older cameras in 2026. The image quality of modern cameras improves as a result of higher-efficiency sensors and more advanced image processors.
Olympus E-P2 with the original M.Zuiko 14-42mm f3.5-f5.6 lens. I converted the raw file in Workspace.
Having used all the cameras in the Pen E-P series, it was easy to select some raw files from my image collection. I never thought Workspace would become my primary raw converter. The similarities when converting these RAW files with Workspace are worth mentioning, especially knowing that I haven't used some of these cameras in a while. My connection to these cameras is therefore the RAW file. I would be happy using any of these Pen cameras, ranging from the E-P3 to the OM-3, in 2026.
The press releases of the above cameras are an excellent source of information. I also use AI to search for specific information. It is, however, important to ask AI services like ChatGPT to avoid information from sources that repeat the commercial "bigger is better" or "size and capture" theory. That explains why it's such a joy to rediscover the evolution of M43 cameras through Olympus press releases. They offer a great window into R&D priorities, strategic developments, and new features.
The best way to rediscover Olympus cameras is to avoid forums and camera reviews. Each of these cameras was a masterpiece and special in its own way. It's interesting how difficult it has become to find some of them secondhand. Download the press releases from Olympus and study them. Those of you who like to know what it means to focus on all aspects of digital photography should have one of these PEN EP cameras to rediscover Olympus and their unique "sum of parts" strategy.
The Olympus Pen E-P3 from 2011
The Pen E-P3 was the final Olympus 13 MP camera, ranging from DSLRs to MFT cameras. The Pen E-P1 and E-P2 were the first MFT cameras from Olympus and were associated with quality and vivid image colors. They were, however, not as responsive as their DSLR counterparts, the E-30 and the E-620. The sensor's noise floor was also larger on older 13MP (FT) sensors. The EP-3 is a special camera with its new 13 MP sensor and TruePic VI image processor. It is not only more responsive but also elevated the Olympus PEN EP series as a more premium range of mirrorless cameras.
A brief summary from the Olympus PEN E-P3 press release:
- The E-P3 was the first M43 camera with a TruePic VI image processor.
- The Pen E-P3 also received a new and faster 13MP Live MOS sensor.
- The E-P3 has a beautiful metal body with a 3-inch OLED touch display.
- Higher processing speeds from the new sensor and Truepic combination.
- The TruePic VI has faster processing times plus better image processing.
- The FAST AF system is 2X faster (120 fps) than previous 13 MP sensors.
- The E-P3 has several ART filter, Live Guide, and video improvements.
- The E-P3 has a more advanced Shadow Adjust (ASAT) and tonal options.
- The E-P3 has more advanced detail processing and real color technology.
- The E-P3 user interface and menu system were completely redesigned.
There are more interesting improvements to the Olympus Pen E-P3. I highly recommend you study the E-P3
press release. The OM-D E-M1, E-M5, and Pen E-P3 were part of the Olympus offer from 2011 to 2013, and the E-P3 was a benchmark that set the stage for the future of Olympus cameras.
Olympus Pen E-P3 with the M.Zuiko 12-50mm EZ f3.5-6.3 lens. I converted the Enhanced Raw File in Workspace.
The Olympus PEN E-P3 is indeed a special camera. While the newer E-M5 was a huge development and one of the most exciting M43 cameras, I will never forget how much I enjoyed photographing with the E-P3 before selling it in 2014. I was fortunate to find another one in good condition in 2024. While disappointing, I continued using my E-P3 when the IBIS unit stopped working in 2025.
It would be easy to recommend the E-P3 as a must-have option for Olympus enthusiasts if it weren't for the known IBIS issue. The E-P3 was such a unique camera that I would consider a factory repair if it weren't for newer and even more exciting Olympus M43 cameras. Interestingly, the E-PL3 and the E-PM1 have the same sensor and TruePic VI combo as the E-P3. The official Olympus policy was to offer the same image quality for all their camera models. See the E-PL3 press release.
Olympus E-P3 with the M.Zuiko 12mm f2.0 lens. Raw file converted in Workspace.
E-P3 with the 12mm f2 lens. Raw file converted in Workspace
Olympus E-P3 with the M.Zuiko 12mm f2.0 lens. Raw file converted in Workspace.
E-P3 with the 12mm f2 lens. Raw file converted in Workspace.
Olympus E-P3 with the M.Zuiko 12mm f2.0 lens. Raw file converted in Workspace.
The Olympus Pen E-P5 from 2013
Olympus launched the PEN E-P5 during one of the most exciting times for M43 cameras. The E-M5 was introduced in 2012 with a new 16 MP sensor, the TruePic VI processor, and 35 AF points. The E-M1 came in 2013 with an excellent sensor, the TruePic VII processor, 81 AF points, and a combination of phase-detect and contrast-detect autofocusing. The E-M1 and the E-P5 were the first M43 cameras with a maximum shutter speed of 1/8000th. The first E-M10 followed in 2014, and the E-M5 II in 2015. Fuji and Sony introduced their first mirrorless cameras in 2013, while Canon and Nikon promoted the idea that DSLRs and optical viewfinders are the future for professional photographers.
A brief summary from the Olympus PEN E-P5 press release:
- The E-P5 was launched in 2013 as a flagship model in the PEN series.
- Olympus introduced the E-P5 in the fifth year of digital PEN cameras.
- The E-P5 was the last M43 camera with a TruePic VI image processor.
- The Pen E-P5 also received a new and faster 16MP Live MOS sensor.
- The Pen E-P5 continued the PEN "premium quality portable" concept.
- Premium features included dual controls and a 1M-dot tilt-type display.
- The E-P5 offered new Wi-Fi, mobile app features, and remote controls.
- The 16 MP sensor and Truepic VI combo had higher processing speeds.
- The TruePic VI delivered excellent results with the E-P3 and the E-M5.
- The E-P5 had several ART filter, Live Guide, and video enhancements.
- The E-P5 had more advanced Shadow Adjust (ASAT) and tonal controls.
- The E-P5 benefited from the image quality improvements of the E-M5.
- The E-P5 also benefited from the AF improvements found in the E-M5.
The PEN E-P5 was a popular and interesting camera for Olympus enthusiasts. Technically the E-P3 was more exciting, whereas esthetically and functionally the E-P5 became the more sought-after option. The E-P5 continued to shape the future of premium mirrorless cameras and the leadership role of Olympus in designing advanced computational and creative features for mirrorless cameras. It offered several new features, like a more advanced 5-Axis stabilization version introduced by the E-M5, Live TIME, and many popular features found in modern Olympus and OM System cameras.
See the E-P3, E-M5, and E-P5 press releases.
Olympus E-P5 with the 14-52mm f3.5-5.6 EZ lens. Raw file converted in Workspace.
Olympus E-P5 with the 14-52mm f3.5-5.6 EZ lens. Raw file converted in Workspace.
Olympus E-P5 with the 14-52mm f3.5-5.6 EZ lens. Raw file converted in Workspace.
Olympus E-P5 with the 14-52mm f3.5-5.6 EZ lens. Raw file converted in Workspace.
The Olympus Pen F from 2016
The Pen F was the first Olympus MFT camera to introduce a 20MP Live MOS sensor. It was also the first camera with a full commercial version of the creative color
strategy. Workspace, the E-P7, and the OM-3 share that same creative functionality. Similar to the 40MP high-resolution mode of the E-M5 II, the Pen F received a new 50MP version. As people get better at questioning social media comments about the high-resolution mode, they also learn about the efficiency gains of using 20MP sensors with an optional high-resolution mode. DxOMark offers the most reliable test data because they evaluate "good" versus "acceptable" image quality. The high-resolution gains are so effective that they would need a separate lab test to quantify the acceptable versus good image quality improvements.
Like the E-M1X, competitors saw the benefits cameras like the E-P3, the E-M1, and the Pen F offer M43 photographers. The countermarketing campaign that followed included repetition, astroturfing, scandals, betrayal, book deals, and intensifying the commercial "bigger is better" or "size and capture" commercial program. Counter-marketing campaigns like these typically reach a crescendo with new MFT products, like the E-M1X, the Pen F, the EM5 II/III, the OM-1, or the OM-3.
A brief summary from the Olympus PEN F press release:
- The Pen F was introduced as an Olympus rangefinder-style camera in 2016.
- The new 20MP Live MOS sensor has several benefits - see the press release.
- The Pen F has the same TruePic VII processor as the E-M1 and the E-M5 II.
- The TruePic VII processor and the 20MP Live MOS sensor have:
- Improved decolorization that occurs at higher ISO values.
- Improved the camera's response times and AF speeds.
- The better Fine Detail II image processing technology.
- Moire-removing processing with no low-pass filter.
- Improved lens, sensor, and processing integration.
- A new 5-axis sync IS technology with up to 5 EV IBIS.
- 2.36 million dot OLED EVF with an OVF simulation option.
- Monochrome and color profile control (Creative Dial).
- Much improved tonal control and Enhanced Raw Format.
- See the Pen F, E-M1, and E-M5 II press releases for more.
The two features standing out from the speed and efficiency improvements of the new 20 MP sensor and TruePic VII combo are the new color and monochrome options. Whereas the industry standard is global color adjustments, the Pen F was the first mirrorless camera to target and control individual colors. What made this functionality more unique were Workspace and the Enhanced Raw Format. The Pen F was also the first camera to receive direct access to the image and color creation processes of Workspace and TruePic image processing. I am always surprised at the few Olympus and OM System photographers that know and appreciate the creative freedom we have with these cameras...
Pen F with the 17mm f1.8 lens. Raw, Workspace, and Grainy Film II ART filter.
Olympus Pen F with a Lensbaby lens. I converted the raw file in Workspace.
Pen F with the 25mm f1.8 lens. Raw edited in Workspace. (Monochrome Profile)
Pen F with the M.Zuiko 12mm f2 lens. I converted the raw file in Workspace.
Pen F with the 17mm f1.8. Raw, Workspace, and Monochrome.
Pen F with the M.Zuiko 42mm f1.8 lens. I converted the raw file in Workspace.
The Olympus Pen E-P7 from 2021 is a keeper...
The PEN E-P7 is one of the most exciting cameras in the PEN EP series. Experienced photographers get a fast and highly capable creative beast, while casual photographers are eased into the art of creative photography with Olympus or OM System. What makes this such a unique camera is the 20MP Live MOS sensor and a faster (3.5X) TruePic VIII image processor. The basic menu and user-friendly UI of the PEN E-P7 are brilliant. The Advanced (computational) Photo (AP) menu plus the available options in the different shooting modes make the E-P7 a perfect camera for those creative photographers that like to tweak their camera settings in Workspace and their E-P7, Pen F, and OM-3 cameras.
The E-P7 makes it easy to visualize the Olympus R&D and marketing teams concluding, "We don't need more," while finalizing the menu and user interface of the Pen E-P7. They understood exactly what the creative photographer wanted while designing a perfect everyday camera. The Olympus E-P7 will continue to be one of the most popular and human-centric creative tools of the future.
I always thought it was better to practice your creative color skills than to rely on other people's color profiles. It's that final 5% touch of tweaking the color, monochrome, or tonal curve that makes the difference between a masterpiece or just another AI-style creation. The Pen E-P7 offers that perfect balance that is necessary to enable the experienced and creative photographer.
The monochrome profile function of the Pen F, the E-P7, and the OM-3 is different from anything else I have seen. For example, the standard monochrome picture mode and the color filters in Workspace are different from the monochrome profile function. The more I practice and familiarize myself with these Color and Monochrome profile functions, the more I apply them while photographing.
One of my favorite features of the TruePic VIII processor is the cluster autofocusing function. For example, the cluster AF function does a great job of selecting the right focus points while optimizing the depth of field benefit of M43 cameras. The Olympus super control panel (SCP) also simplifies the selection of different focusing options, such as cluster or single autofocussing points.
See this article about the Olympus Pen E-P7.
Pen E-P7 with the M.Zuiko 17mm f2.8 lens. I converted the raw file with Workspace.
Olympus E-P7 with the 17mm f2.8 lens. Raw converted in Workspace.
E-P7 with the 17mm f2.8 lens. Raw converted in Workspace. (Vintage 1 ART filter)
E-P7 with the 17mm f2.8 lens. Raw, Workspace, Monochrome.
E-P7 with the 17mm f2.8 lens. Raw, Workspace, Monochrome.
Pen E-P7 with the M.Zuiko 9-18mm f4-5.6 lens. I converted the raw file in Workspace.
Pen E-P7 with the M.Zuiko 17mm f2.8 lens. Raw, Workspace, and Vivid Picture Mode.
The OM System OM-3 from 2025
The best way to get to know someone is to spend time with them. The same applies to manufacturers like Olympus and OM System. The worst thing one could do is listen to random opinions. These basics taught me a lot while studying publicly available information like annual financial reports and press releases from companies like Olympus, OM System, Panasonic, and the full-frame collective. I have spent hours over the past 7 years getting to know Olympus, OM System, and digital cameras.
The common theme in Olympus press releases is highlighting the roles of the lens, the sensor, and the TruePic processor. See the following edited quotes from the E-M1 press release: "The combination of the newly developed TruePic VII processor and the new 16MP Live MOS sensor produces better image quality with less noise at higher ISOs" or "Focusing on the 3 main elements of image quality (the lens, imaging sensor, and image processor), the absolute best possible image quality is available with the new Olympus OM-D E-M1." These basic principles are very different from the social media opinion that FF sensors are better because the sensor is ultimately responsible for image quality.
The question of whether the OM System OM-3 is a worthy successor to the Pen F becomes clear when we evaluate the OM-3 with these basic principles. It is an exercise each photographer should try because the information in press releases is so much that I wouldn't know what to highlight for your specific needs. I listed a few points you could use while reading press releases:
- The image signal flow diagram was designed to clarify these basic principles.
- I think it was a brilliant decision to place the OM-1 II in the new OM-3 body.
- The new Stacked 20MP BSI sensor was a major upgrade to the Pen F sensor.
- The TruePic X is more than 8X faster and more powerful than the TruePic VII.
- We have an excellent selection of high-quality M.Zuiko lenses for the OM-3.
- I highly recommend NOT to use Lumix lenses for critical OM-3 applications.
- Like the Pen F, the OM-3 is a lovely camera, plus it has good weather sealing.
- The best OM-3 press release is the one used with the Olympus OM-1 launch.
Tip: The TruePic VIII was 3.5X faster than the VII, and the TruePic X is 3X faster than the IX.
Folks, I compared the OM-3's EVF to other Olympus cameras in my collection like the E-M5, the E-M5 II, and the E-M10 II, plus cameras like the E-M1 III and the E-M5 III. I couldn't find anything to criticize about the new OM-3 EVF. In fact, I prefer the bright and clearer EVF of the OM-3. I don't know if the optical elements in the EVF are better because OM System doesn't share much information.
OM-3 with Lumix 45-175mm f4-f5.6 lens. Raw converted with Workspace.
OM-3 + Lumix 45-175mm lens. Raw converted with Workspace.
OM-3 + Lumix 45-175mm lens. Raw converted with Workspace.
OM-3 with the Lumix 45-175mm lens. Raw, Workspace, and ART Filter.
OM-3 + M-Zuiko 25mm f1.8 lens. Raw + Workspace.
OM-3 + M.Zuiko 18mm f1.8 lens. Raw, Workspace, Monochrome.
OM-3 + M.Zuiko 25mm f1.8 lens. Raw, Workspace, and ART Filter.
Conclusion.
I would have been happy with the Pen E-P series if I were as comfortable with digital cameras and the role of modern marketing as I am today. The PEN E-P series is almost perfect for creative photography enthusiasts. Think of the Pen EP series as everyday memory makers. They are perfect for day-to-day photographers looking for a flexible M43 camera and lens with excellent image quality.
The preparation of the images for this article was so much fun. I think it's a combination of going back in time and the natural conversion and editing results I get with Workspace and Affinity photo. It took a while, but I don't even think of Adobe Photoshop when I edit my converted raw files.
What about autofocusing? Beware of those claiming this brand or camera's AF is better. Technically, the OM-3's autofocusing technology is more advanced than any MFT camera I used. That said, I prefer the focusing options of the E-P7, the E-M10 VI, the E-M5 III, and the E-M1 III. It all depends on what kind of photography we do and how much experience we have with a specific brand.
As a final comment, considering the OM-1 and OM-3 stacked BSI 20 MP sensors, we are enjoying huge efficiency benefits with Olympus' image sensors, TruePic processors, and lenses. See my articles for more info. As little as 5% of all modern photography applications need more than 20MP.
See this interesting
video, plus FF fanboys, discussing the benefits of Pro lenses.
Best
Siegfried