Olympus introduces a cheaper Pen

This 12.3 megapixel Micro Four Thirds camera will be the cheaper sibling of the original E-P1 at US$600. It features:

in-body image stabilization, continuous autofocus, a 2.7-inch rear LCD, HD movie mode, in-camera "art filters" and a bundled ED 14-42mm f3.5/5.6 zoom lens (28-84mm equivalent in 35mm cameras).

And a pop-up flash built-in! Additionally, there's a dedicated video record button, meaning you can record videos will in other modes. The E-PL1 only seems to lose out in terms of styling, with the original Pen being more striking, having taken its inspiration from the Range-finders of old.

Hands-on impression from Engadget.

Here's an alternate article via Wired Gadget Lab, highlighting its lacking good looks.