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That's exactly what's kept me in the M43 eco-system. One of my interests is wildlife photography & video, and the Oly 75-300mm is only around 420g and 120mm long. Combine that with the ex-tele sensor crop capability and IBIS on a Pana G9 and you get the FF equivalent of 1000mm+ lens reach in a combo that fits easily in a modest camera bag or small rucksack (and the oversampled( GH5-level) 1080p on that is so good it's quite close to 4k quality). Take along the 210g Pana 12-60mm lens and that's basically 12mm to 300mm covered in two decent-quality zoom lenses that weigh less than 650g in total.

I think that was inevitable really - why use scarce, expensive component supplies to make low-end, low-margin cameras when you can use them for high-end cameras like the OM-1 instead? Here in the UK, Olympus/OMDS cameras seem to be becoming almost invisible outside of specialist camera stores. The big John Lewis department store chain (which has always had sizeable camera sections in the bigger stores) has recently dropped the brand, despite keeping Canon, Nikon, Fuji, Sony & Panasonic. It'll be interesting to see how 'down spec'd' the video features are in the upcoming OM-5 compared to the OM-1 - I'd love a smaller/lighter camera with 4k50/4k60 capability... (...and OMDS please, please do something about your soft 1080p video - it's embarrassing in 2022 - and why is the OM-1 8-bit 4k video softer than the 10-bit version?)

It doesn't - 4k is max 30p, and no 10-bit video at all. (With current firmware, E-M1 ii, E-M1 iii and E-M1 X have the same basic video specs - the differences are mostly AF and IBIS performance)

Not mine, but there are a few 1080p 8-bit and 10-bit clips here, which might help a bit - https://www.youtube.com/user/LexTNeville/videos Also on 'Optyczne.pl' there is a 1080p resolution test movie (I don't know if any of it is 10-bit) - https://www.optyczne.pl/59.4-Inne_testy-OM_System_OM-1_-_test_trybu_filmowego_Jakość_obrazu.html - and some downloadable 1080p samples here - https://www.optyczne.pl/59.5-Inne_testy-OM_System_OM-1_-_test_trybu_filmowego_Podsumowanie_i_filmy_przykładowe.html

Out of interest, where did you read that? The rumor stuff I've seen is talking about an OM-5 in September/October, which appears to be positioned in the E-M5 iii market segment i.e. smaller, lighter and down-spec'd from the OM-1 but probably using the same sensor. The large body E-M1X always seemed to be an aberration to me, the opposite of the traditional 'small camera body' Olympus ethos, probably driven partly by engineering necessity to get enough cooling for the dual processing chips they needed to improve autofocus performance. It's interesting (from a user demand/popularity point of view) that the used prices in the UK of E-M1X are now lower than for the E-M1 iii, despite it being a more expensive and capable camera originally.

Also remember that if you initiate video recording, with the mode dial in any photo mode it ignores the exposure settings and records in 'full auto' exposure. You can force shutter priority in this situation by using the 'flicker reduction' setting in the menus to force 1/50, 1/60, 1/100 or 1/120 shutter speed, but that's all. I assume (but don't know for sure) this situation carries over into any custom presets derived/generated from photo mode. To get full exposure control for video you have to use 'creative movie' mode on the dial. Only exception to the above is '4k photo' mode, which records 4k video but uses the current photo exposure settings (as it's regarded as a photo mode). As an aside, my Olympus E-M1 ii does basically the same thing, except that it doesn't have the same 'flicker reduction' workaround, so you have to switch to 'movie' mode to get shutter priority for video (which is annoying when switching between video and stills frequently).

As a budget used option, I'd also consider a used Olympus E-M1 mk2 - decent, full sensor width, 4k up to 30p, excellent DCI 4k at 24p (only), phase-detect AF, superb IBIS (probably only beaten by the newer Oly/OMDS cameras), pro-level build quality and weather sealing, mic and headphone jacks, dual SD card slots and great battery life. It also feels good in the hand. I think the 'Flat' picture profile provides better video quality than the normal profiles (there's OM-Log400 available as well). The E-M5 mk3 is essentially the same camera in a smaller, lighter body (but no headphone jack and only one card slot), but is more expensive used. E-M1 mk3 has better AF, an AF joystick and auto-ISO capability in manual video mode, but is rather more expensive used. I own the G85, G9 and E-M1 mk2 - G9 has the best video quality (including 10-bit support) and the best EVF, but the E-M1 mk2 is a great all-round package at the current used prices.

...also GH6 images are now available in the 'Video Stills Comparison' tool - this is OM-1 UHD 10-bit versus GH6 UHD and OM-1 UHD 8-bit versus GH6 UHD (it doesn't say if the GH6 images are 8 or 10-bit video)

The full OM-1 (written) review is on dpreview now - https://www.dpreview.com/reviews/om-system-om-1-review Interesting that UHD 8-bit video looks about the same as on E-M1 iii, but 10-bit HLG/OMlog400 is noticeably more detailed.

The only problem I can think of is if you come to sell the Tascam removing the Velco tape might leave some marks on the base (assuming that's where the powerbank might go) if you are unlucky or careless. If the base of the Tascam is steel (but it might not be - check with a magnet) then you could put self-adhesive magnetic pads or tape on the power bank and attach it magnetically. Put a cage on/around the S5 to give you more attachment points (or even just an L-backet) maybe?

Velcro i.e. the self-adhesive hook/loop tape version - one side stuck to the Tascam, the other on the powerbank, or maybe velcro cable ties? If it's mobile phone shaped, then there are phone holders for cars and tripods that might be usable?

43rumors ran a "Interesting speculation: Is the new OM-1 nearly entirely made from Sony parts?" story recently, based on speculation from a Russian blogger, so you're not the only one to have noticed some similarities 🙂 Given that OMDS isn't really a head-on competitor to Sony, it wouldn't surprise me too much to find there's more Sony content in the OM-1 than OMDS would want to own up to (and personally it's far more important to me what the OM-1 does rather what's inside it that matters).

From the OM-1 manual :

(My bold) I agree. Even though I really like my G9 and in absolute video quality it easily beats the E-M1 ii, the overall package of good ergonomics, superb natural-looking stabilization and decent video quality makes the Oly a good handheld 'just point it at the subject and press record' camera. I bought my used E-M1 ii during lockdown mostly to have a play with (never having owned an Oly camera before) and it's definitely grown on me - I can understand why people like them.

I agree (based on experience with my G9). While I'm sure the best from Sony and Canon would handle some use cases better, it works perfectly well for my use cases (and better than my PDAF-equiped E-M1 ii in some situations, like wildlife video with long lenses).

It's only 24p on E-M1 ii/iii. At least on the OM-1 I think DCI, UHD & FHD are all available at 23.98/24/25/30/50/60p which is a major improvement. I agree...Oly/OMDS has a good looking Natural profile, so why not make it even more useful by having a 10-bit version available?

The video resolution test chart results don't look very impressive for a 2022, $2000 camera - I was hoping the OM-1 would be at least as good as a GH5 or G9 in that respect. As the review says "OMDS engineers have something to work on in the near future"

What does the 'strange movement' look like? I think the problem with discussing the pros and cons of this is that everyone has different 'use cases' and sensitivity to the artefacts stabilization can introduce sometimes. I'm biased towards maximum stability and minimum wide-angle warping artefacts, which I think E-stabilization on my G9 helps with, and for my use cases (I mostly shoot video of wildlife and transport subjects) I don't notice any significant E-stabilization artefacts. I also use 'IS Lock' a lot - when shooting handheld with 300mm+ lenses I need all the stabilization I can get 🙂

No experience with the S5, but on the G9 I normally have the E-Stabilization on all the time (with native m4/3 lenses) - for me, the extra stability and reduced 'warping' effects with wide-angle lenses outweigh the small extra crop and marginal reduction in resolution. AFAIK yes it does use the gyro data. As Kye pointed out recently on another thread, you can still get motion blur due to camera movement, as the E-Stabilization part can't do anything about that, but I think Panasonic use a combination of lens, sensor shift and electronic stabilization (when E-stab is enabled), which should minimise that problem in theory. Why not try it and see what you think? (I also use stabilization in post - Mercalli v5 in my case - but every software stabilizer I've ever tried or used can be 'broken' by some material - I think it's far better to stabilize in camera as much as possible).

The user manual for the OM-1 is available now - https://cs.olympus-imaging.jp/en/support/imsg/digicamera/download/manual/om/man_om1_e.pdf

There are a couple of (as far as I can tell) SOOC downloadable video files at the bottom of this page on Photography Blog - https://www.photographyblog.com/previews/om_system_om_1_photos They are 10-bit HEVC, 4k 59.94fps so will be either OM-log 400 or HLG (AFAIK those are the only options on OM-1 when using HEVC). File data from Mediainfo from one of them:

The GH5s doesn't have IBIS (and it's got a different, lower pixel count/larger pixel area sensor versus the GH5/GH5ii/G9)

I think you could say the OM-1 is a stills camera with good video capability and the GH6 is a video camera with good stills capability - both very, very capable but designed to appeal to different market areas/users. (The G9 versus GH5ii is a similar situation in the m43 world).

That's my view too (for the same reasons). They are both the same price at the moment in the UK, so it's very much head-to-head marketing on price, but in reality they are appealing to different areas of the market.

It looks like Panasonic are being aggressive with the GH6 launch pricing/offers versus the OM-1 - in the UK Wex are listing the GH6 body-only at 1999 GBP (with a free 128GB CF Express type B card) versus the OM-1 at the same price (with a free extra battery).