Olympus made a name for itself by pioneering the downsized SLR. The new E-420 ($500, estimated street, body only; $700 with 25mm f/2.8 Zuiko Digital lens) continues the tradition of tiny cameras packed with big innovations.
Billed as the world's smallest and lightest DSLR (3 ounces lighter than the next-smallest, the Nikon D40x), the E-420 combines 10MP capture, live view, and clever picture fixes. In keeping with the small-is-better theme, Olympus is pairing the camera with a new 25mm f/2.8 pancake lens that protrudes less than an inch. (With the Four Thirds system's 2X lens factor, it's a 50mm equivalent.). Read the whole article here. You can pre-order the camera here