Leica M8 vs Panasonic S5

The Leica M8 and the Panasonic Lumix DC-S5 are two enthusiast cameras that were officially introduced, respectively, in September 2006 and September 2020. The M8 is a rangefinder-focusing mirrorless, while the S5 is a mirrorless interchangeable lens camera. The cameras are based on an APS-H (M8) and a full frame (S5) sensor. The Leica has a resolution of 10.4 megapixels, whereas the Panasonic provides 24 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M8		Panasonic S5
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Leica L mount lenses
10.4 MP – APS-H sensor		24 MP – Full Frame sensor
no Video		4K/60p Video
ISO 160-2,500		ISO 100-51,200 (50 - 204,800)
Optical viewfinder		Electronic viewfinder (2360k dots)
2.5" LCD – 230k dots		3.0" LCD – 1840k dots
Fixed screen (not touch-sensitive)		Swivel touchscreen
2 shutter flaps per second		7 shutter flaps per second
no shake reduction		In-body stabilization
not weather sealed		Weathersealed body
550 shots per battery charge		440 shots per battery charge
139 x 80 x 37 mm, 591 g		133 x 98 x 82 mm, 714 g

Check M8 offers at
ebay.com
Check S5 price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M8 and the Panasonic Lumix DC-S5? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The physical size and weight of the Leica M8 and the Panasonic S5 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All width, height and depth dimensions are rounded to the nearest millimeter.

The M8 can be obtained in two different colors (black, silver), while the S5 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic S5 is notably larger (17 percent) than the Leica M8. Moreover, the S5 is markedly heavier (21 percent) than the M8. It is noteworthy in this context that the S5 is splash and dust-proof, while the M8 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

Concerning battery life, the M8 gets 550 shots out of its Leica BLI-312 battery, while the S5 can take 440 images on a single charge of its Panasonic DMW-BLK22 power pack. The power pack in the S5 can be charged via the USB port, which can be very convenient when travelling.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Leica M8	139 mm	80 mm	37 mm	591 g	550	n	Sep 2006	EUR 4 199	ebay.com
2.		Panasonic S5	133 mm	98 mm	82 mm	714 g	440	Y	Sep 2020	EUR 1 999	amazon.com
3.		Canon 400D	127 mm	84 mm	65 mm	556 g	370	n	Aug 2006	EUR 799	ebay.com
4.		Canon 1100D	130 mm	100 mm	78 mm	495 g	700	n	Feb 2011	EUR 399	ebay.com
5.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	EUR 5 499	ebay.com
6.		Leica M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	EUR 5 499	ebay.com
7.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	EUR 6 499	ebay.com
8.		Nikon D40X	124 mm	94 mm	64 mm	522 g	520	n	Mar 2007	EUR 699	ebay.com
9.		Nikon D80	132 mm	103 mm	77 mm	668 g	600	n	Aug 2006	EUR 969	ebay.com
10.		Nikon D3000	126 mm	97 mm	64 mm	536 g	500	n	Jul 2009	EUR 539	ebay.com
11.		Nikon D5000	127 mm	104 mm	80 mm	590 g	510	n	Apr 2009	EUR 699	ebay.com
12.		Panasonic G9	137 mm	97 mm	92 mm	658 g	400	Y	Nov 2017	EUR 1 699	ebay.com
13.		Panasonic GH5	139 mm	98 mm	87 mm	725 g	410	Y	Jan 2017	EUR 1 999	ebay.com
14.		Panasonic GH5 II	139 mm	98 mm	87 mm	727 g	400	Y	May 2021	EUR 1 699	amazon.com
15.		Panasonic L10	135 mm	96 mm	78 mm	556 g	450	n	Aug 2007	EUR 599	ebay.com
16.		Panasonic S1	149 mm	110 mm	97 mm	1017 g	400	Y	Feb 2019	EUR 2 499	ebay.com
17.		Panasonic S5 II	134 mm	102 mm	90 mm	740 g	370	Y	Jan 2023	EUR 2 199	amazon.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will naturally be influenced heavily by the price. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The S5 was launched at a markedly lower price (by 64 percent) than the M8, which puts it into a different market segment. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica M8 features an APS-H sensor and the Panasonic S5 a full frame sensor. The sensor area in the S5 is 74 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.3 and 1.0. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

With 24MP, the S5 offers a higher resolution than the M8 (10.4MP), but the S5 has smaller individual pixels (pixel pitch of 5.94μm versus 6.84μm for the M8). Yet, the S5 is a much more recent model (by 13 years and 11 months) than the M8, and its sensor will have benefitted from technological advances during this time that enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The resolution advantage of the Panasonic S5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the S5 for good quality output (200 dots per inch) amounts to 30 x 20 inches or 76.2 x 50.8 cm, for very good quality (250 dpi) 24 x 16 inches or 61 x 40.6 cm, and for excellent quality (300 dpi) 20 x 13.3 inches or 50.8 x 33.9 cm. The corresponding values for the Leica M8 are 19.7 x 13.2 inches or 50 x 33.4 cm for good quality, 15.7 x 10.5 inches or 40 x 26.7 cm for very good quality, and 13.1 x 8.8 inches or 33.3 x 22.3 cm for excellent quality prints.

Unlike the M8, the S5 has the capacity to capture high quality composite images (96MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Leica M8 has a native sensitivity range from ISO 160 to ISO 2500. The corresponding ISO settings for the Panasonic Lumix DC-S5 are ISO 100 to ISO 51200, with the possibility to increase the ISO range to 50-204800.

In terms of underlying technology, the M8 is build around a CCD sensor, while the S5 uses a CMOS imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. Of the two cameras under consideration, the S5 offers substantially better image quality than the M8 (overall score 35 points higher). The advantage is based on 4 bits higher color depth, 3.2 EV in additional dynamic range, and 2 stops in additional low light sensitivity. The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M8	APS-H	10.4	3936	2630	none	21.1	11.3	663	59
2.		Panasonic S5	Full Frame	24.0	6000	4000	4K/60p	25.1	14.5	2697	94
3.		Canon 400D	APS-C	10.1	3888	2592	none	22.1	11.0	664	62
4.		Canon 1100D	APS-C	12.2	4272	2848	720/30p	21.9	11.0	755	62
5.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
6.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
7.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
8.		Nikon D40X	APS-C	10.0	3872	2592	none	22.4	11.4	516	63
9.		Nikon D80	APS-C	10.0	3872	2592	none	22.1	11.2	524	61
10.		Nikon D3000	APS-C	10.0	3872	2592	none	22.3	11.1	563	62
11.		Nikon D5000	APS-C	12.2	4288	2848	720/24p	22.7	12.5	868	72
12.		Panasonic G9	Four Thirds	20.2	5184	3888	4K/60p	23.1	12.8	1138	74
13.		Panasonic GH5	Four Thirds	20.2	5184	3888	4K/60p	23.9	13.0	807	77
14.		Panasonic GH5 II	Four Thirds	20.2	5184	3888	4K/60p	23.7	13.1	1136	79
15.		Panasonic L10	Four Thirds	10.0	3648	2736	none	21.3	10.8	429	55
16.		Panasonic S1	Full Frame	24.0	6000	4000	4K/60p	25.2	14.5	3333	95
17.		Panasonic S5 II	Full Frame	24.0	6000	4000	6K/30p	25.4	14.6	3158	96
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. The S5 indeed provides for movie recording, while the M8 does not. The highest resolution format that the S5 can use is 4K/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the S5 has an electronic viewfinder (2360k dots), while the M8 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The following table reports on some other key feature differences and similarities of the Leica M8, the Panasonic S5, and comparable cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M8	optical	n	2.5 / 230	fixed	n	1/8000s	2.0/s	n	n
2.		Panasonic S5	2360	n	3.0 / 1840	swivel	Y	1/8000s	7.0/s	n	Y
3.		Canon 400D	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
4.		Canon 1100D	optical	n	2.7 / 230	fixed	n	1/4000s	3.0/s	Y	n
5.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
6.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
7.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
8.		Nikon D40X	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
9.		Nikon D80	optical	n	2.5 / 230	fixed	n	1/4000s	3.0/s	Y	n
10.		Nikon D3000	optical	n	3.0 / 230	fixed	n	1/4000s	3.0/s	Y	n
11.		Nikon D5000	optical	n	2.7 / 230	full-flex	n	1/4000s	4.0/s	Y	n
12.		Panasonic G9	3680	Y	3.0 / 1040	swivel	Y	1/8000s	20.0/s	n	Y
13.		Panasonic GH5	3680	n	3.2 / 1620	swivel	Y	1/8000s	12.0/s	n	Y
14.		Panasonic GH5 II	3680	n	3.0 / 1840	swivel	Y	1/8000s	12.0/s	n	Y
15.		Panasonic L10	optical	n	2.5 / 207	swivel	n	1/4000s	3.0/s	Y	n
16.		Panasonic S1	5760	Y	3.2 / 2100	full-flex	Y	1/8000s	9.0/s	n	Y
17.		Panasonic S5 II	3680	n	3.0 / 1840	swivel	Y	1/8000s	9.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The S5 has a touchscreen, while the M8 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the S5 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Panasonic S5 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M8 and the S5 write their files to SDXC cards. The S5 features dual card slots, which can be very useful in case a memory card fails. In contrast, the M8 only has one slot. The S5 supports UHS-II cards on its first slot and UHS-I on its second one, while the M8 cannot take advantage of Ultra High Speed SD cards.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M8 and Panasonic Lumix DC-S5 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M8	Y	- / -	-	-	-	2.0	-	-	-
2.		Panasonic S5	Y	stereo / mono	Y	Y	micro	3.2	Y	-	Y
3.		Canon 400D	Y	- / -	-	-	-	2.0	-	-	-
4.		Canon 1100D	Y	stereo / mono	-	-	mini	2.0	-	-	-
5.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
6.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
7.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
8.		Nikon D40X	Y	- / -	-	-	-	2.0	-	-	-
9.		Nikon D80	Y	- / -	-	-	-	2.0	-	-	-
10.		Nikon D3000	Y	- / -	-	-	-	2.0	-	-	-
11.		Nikon D5000	Y	mono / mono	-	-	mini	2.0	-	-	-
12.		Panasonic G9	Y	stereo / mono	Y	Y	full	3.0	Y	-	Y
13.		Panasonic GH5	Y	stereo / mono	Y	Y	full	3.1	Y	-	Y
14.		Panasonic GH5 II	Y	stereo / mono	Y	Y	full	3.2	Y	-	Y
15.		Panasonic L10	Y	- / -	-	-	-	2.0	-	-	-
16.		Panasonic S1	Y	stereo / mono	Y	Y	full	3.1	Y	-	Y
17.		Panasonic S5 II	Y	stereo / mono	Y	Y	full	3.2	Y	-	Y

It is notable that the S5 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the M8 does not provide wifi capability.

The S5 is a recent model that features in the current product line-up of Panasonic. In contrast, the M8 has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the M8 was succeeded by the Leica M9. Further information on the features and operation of the M8 and S5 can be found, respectively, in the Leica M8 Manual (free pdf) or the online Panasonic S5 Manual.

Review summary

So how do things add up? Is the Leica M8 better than the Panasonic S5 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Arguments in favor of the Leica M8:

• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• More compact: Is smaller (139x80mm vs 133x98mm) and thus needs less room in the bag.
• Less heavy: Is lighter (by 123g or 17 percent) and hence easier to carry around.
• Longer lasting: Can take more shots (550 versus 440) on a single battery charge.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been available for much longer (launched in September 2006).

Reasons to prefer the Panasonic Lumix DC-S5:

• More detail: Has more megapixels (24 vs 10.4MP), which boosts linear resolution by 52%.
• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Better image quality: Scores substantially higher (35 points) in the DXO overall evaluation.
• Richer colors: Generates noticeably more natural colors (4 bits more color depth).
• More dynamic range: Captures a broader range of light and dark details (3.2 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (2 stops ISO advantage).
• Broader imaging potential: Can capture not only stills but also 4K/60p video.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.5") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1840k vs 230k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (7 vs 2 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Easier travel charging: Can be conveniently charged via its USB port.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Faster data transfer: Supports a more advanced USB protocol (3.2 vs 2.0).
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• Faster buffer clearing: Supports Ultra High Speed (UHS-II and UHS-I) SDXC cards.
• More affordable: Was introduced into a lower priced category (64 percent cheaper at launch).
• More modern: Reflects 13 years and 11 months of technical progress since the M8 launch.

If the count of relative strengths (bullet points above) is taken as a measure, the S5 is the clear winner of the contest (26 : 6 points). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding on a new camera. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M8 or the S5. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why hands-on reviews by experts are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price	Street Price
1.		Leica M8	..	..	..	+ +	..	..	Sep 2006	EUR 4 199	ebay.com
2.		Panasonic S5	4.5/5	+ +	4.5/5	88/100	4.5/5	4.5/5	Sep 2020	EUR 1 999	amazon.com
3.		Canon 400D	..	+ +	..	+ +	o	4/5	Aug 2006	EUR 799	ebay.com
4.		Canon 1100D	..	80/100	..	69/100	4/5	4.5/5	Feb 2011	EUR 399	ebay.com
5.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	EUR 5 499	ebay.com
6.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	EUR 5 499	ebay.com
7.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	EUR 6 499	ebay.com
8.		Nikon D40X	..	79/100	..	+ +	4/5	4/5	Mar 2007	EUR 699	ebay.com
9.		Nikon D80	..	+	..	+ +	o	4.5/5	Aug 2006	EUR 969	ebay.com
10.		Nikon D3000	..	+	..	72/100	4/5	4.5/5	Jul 2009	EUR 539	ebay.com
11.		Nikon D5000	..	+ +	..	75/100	4/5	4.5/5	Apr 2009	EUR 699	ebay.com
12.		Panasonic G9	..	+ +	5/5	85/100	5/5	5/5	Nov 2017	EUR 1 699	ebay.com
13.		Panasonic GH5	4.5/5	+ +	..	85/100	4.5/5	5/5	Jan 2017	EUR 1 999	ebay.com
14.		Panasonic GH5 II	4.5/5	..	4.5/5	85/100	4.5/5	5/5	May 2021	EUR 1 699	amazon.com
15.		Panasonic L10	..	85/100	..	+	3.5/5	4/5	Aug 2007	EUR 599	ebay.com
16.		Panasonic S1	4.5/5	+ +	4.5/5	88/100	4.5/5	4/5	Feb 2019	EUR 2 499	ebay.com
17.		Panasonic S5 II	4.5/5	+ +	5/5	90/100	4.5/5	5/5	Jan 2023	EUR 2 199	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Hence, a score should always be seen in the context of the camera's market launch date and its price, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

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