An E-P2 body, brand new with full factory warranty, for under $300? It's a no-brainer, esp. for those who already have a slew of m4/3s lenses and need a spare body. Took about a week to get it from Cameta, which also had free shipping.

Oh yeah and this robustly-built camera takes outstanding pictures, esp. when paired with a fast prime lens like the Panasonic 20mm F1.7 or M.Zuiko 14mm F2.5. As long as you don't need a built-in flash, because like the E-P1 the E-P2 does not have one. I could not justify paying $400-500 more for an E-P3 with built in flash and slightly faster autofocus, at least yet, so this one fits the bill nicely.

Very highly recommended!!!

(Update 2/16/12: have used a slew of old OM lenses (w/$23 Fotodix OM-u4/3 adapter) on this fine little camera, and the results are nothing short of amazing-- especially the medium range teles like 135 F2.8 and 100 F2. Picked up a near mint 200 F4 at a camera store for under $100, and it's... Read more

I don't think you can beat the value here--the excellent E-P2 camera body for less than $300. It's worth grabbing one (or more) while they're available. Personally, I've been using the E-P1 since just after the introduction and I jumped on the E-P2 at this price. The only real functional difference between the two cameras is the ability of the E-P2 to use the Olympus electronic viewfinder. I also bought one of those.

The E-P2 shares the same ponderous menus as the E-P1. That's unfortunate but in reality you only have to wade through them until you have the camera set to your preferences. After that, all the vital options are available on the quick menu. The buttons and dials are a bit fiddly. The control wheel/button combination on the lower right is too easy to turn/press without meaning to--you can turn it off. The top right wheel is not in my favorite shape or placement but it's usable. Buttons are close together. The wrong one is easy to press when you have... Read more

I use this camera with the Panasonic Lumix G 20mm f1.7, and the pair is quite handsome for the price range. I'm an amateur photographer who upgraded from a point and shoot. I was going to go with an entry level DSLR but this fills the bill. RAW image quality right off the bat is awesome. And with a little bit of Photoshopping I'm getting beautiful photos. Pics can be quite grainy at ISO 1600 and above.