Olympus E-P3 vs Panasonic GH2

The Olympus PEN E-P3 and the Panasonic Lumix DMC-GH2 are two enthusiast cameras that were revealed to the public, respectively, in June 2011 and September 2010. Both the E-P3 and the GH2 are mirrorless interchangeable lens cameras that are equipped with a Four Thirds sensor. The Olympus has a resolution of 12.2 megapixels, whereas the Panasonic provides 15.9 MP.

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

Headline Specifications

Olympus E-P3		Panasonic GH2
Mirrorless system camera		Mirrorless system camera
Micro Four Thirds lenses		Micro Four Thirds lenses
12.2 MP – Four Thirds sensor		15.9 MP – Four Thirds sensor
1080/60i Video		1080/60i Video
ISO 200-12,800		ISO 160-12,800
Viewfinder optional		Electronic viewfinder (1534k dots)
3.0" LCD – 614k dots		3.0" LCD – 460k dots
Fixed touchscreen		Swivel screen (not touch-sensitive)
3 shutter flaps per second		3 shutter flaps per second
In-body stabilization		Lens stabilization only
330 shots per battery charge		330 shots per battery charge
122 x 69 x 34 mm, 369 g		124 x 90 x 76 mm, 442 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus PEN E-P3 and the Panasonic Lumix DMC-GH2? 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

An illustration of the physical size and weight of the Olympus E-P3 and the Panasonic GH2 is provided 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 size dimensions are rounded to the nearest millimeter.

The E-P3 can be obtained in three different colors (black, silver, white), while the GH2 is available in two color-versions (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic GH2 is notably larger (33 percent) than the Olympus E-P3. Moreover, the GH2 is markedly heavier (20 percent) than the E-P3. In this context, it is worth noting that neither the E-P3 nor the GH2 are weather-sealed.

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. In this particular case, both cameras feature the same lens mount, so that they can use the same lenses. You can compare the optics available in the Micro Four Thirds Lens Catalog. Mirrorless cameras, such as the two under consideration, have the additional advantage of having a short flange to focal plane distance, which makes it possible to mount many lenses from other systems onto the camera via adapters.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	US$ 799	ebay.com
2.		Panasonic GH2	124 mm	90 mm	76 mm	442 g	330	n	Sep 2010	US$ 899	ebay.com
3.		Olympus E-M10	119 mm	82 mm	46 mm	396 g	320	n	Jan 2014	US$ 699	ebay.com
4.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	US$ 649	ebay.com
5.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	US$ 799	ebay.com
6.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	US$ 799	ebay.com
7.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	US$ 999	ebay.com
8.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	US$ 599	ebay.com
9.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	US$ 599	ebay.com
10.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	US$ 599	ebay.com
11.		Olympus E-PM1	110 mm	64 mm	34 mm	265 g	330	n	Jun 2011	US$ 499	ebay.com
12.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	US$ 599	ebay.com
13.		Panasonic G6	122 mm	85 mm	71 mm	390 g	340	n	Apr 2013	US$ 599	ebay.com
14.		Panasonic GH1	124 mm	90 mm	45 mm	385 g	300	n	Mar 2009	US$ 899	ebay.com
15.		Panasonic GH3	133 mm	93 mm	82 mm	550 g	540	Y	Sep 2012	US$ 1 299	ebay.com
16.		Panasonic GM5	99 mm	60 mm	36 mm	211 g	220	n	Sep 2014	US$ 749	ebay.com
17.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	US$ 699	ebay.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 retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The E-P3 was launched at a somewhat lower price (by 11 percent) than the GH2, which makes it more attractive for photographers on a tight budget. 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 imaging sensor is at the core of digital cameras and its size is one of the main determining factors 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. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Both cameras under consideration feature a Four Thirds sensor and have a format factor (sometimes also referred to as "crop factor") of 2.0. Within the spectrum of camera sensors, this places the review cameras among the medium-sized sensor cameras that aim to strike a balance between image quality and portability. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

While the two cameras under review share the same sensor size, the GH2 offers a higher resolution of 15.9 megapixels, compared with 12.2 MP of the E-P3. This megapixels advantage translates into a 14 percent gain in linear resolution. On the other hand, these sensor specs imply that the GH2 has a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 3.76μm versus 4.29μm for the E-P3). Moreover, it should be noted, that the E-P3 is a somewhat more recent model (by 9 months) than the GH2, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of individual pixels.

The resolution advantage of the Panasonic GH2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the GH2 for good quality output (200 dots per inch) amounts to 23 x 17.3 inches or 58.5 x 43.9 cm, for very good quality (250 dpi) 18.4 x 13.8 inches or 46.8 x 35.1 cm, and for excellent quality (300 dpi) 15.4 x 11.5 inches or 39 x 29.3 cm. The corresponding values for the Olympus E-P3 are 20.2 x 15.1 inches or 51.2 x 38.4 cm for good quality, 16.1 x 12.1 inches or 41 x 30.7 cm for very good quality, and 13.4 x 10.1 inches or 34.1 x 25.6 cm for excellent quality prints.

The Olympus PEN E-P3 has a native sensitivity range from ISO 200 to ISO 12800. The corresponding ISO settings for the Panasonic Lumix DMC-GH2 are ISO 160 to ISO 12800 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. 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 GH2 has a markedly higher DXO score than the E-P3 (overall score 9 points higher), which will translate into better image quality. The advantage is based on 0.4 bits higher color depth, 1.2 EV in additional dynamic range, and 0.3 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
2.		Panasonic GH2	Four Thirds	15.9	4608	3456	1080/60i	21.2	11.3	655	60
3.		Olympus E-M10	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	884	72
4.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
5.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
6.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
7.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
8.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
9.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
10.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
11.		Olympus E-PM1	Four Thirds	12.2	4032	3024	1080/60i	21.0	10.3	499	52
12.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
13.		Panasonic G6	Four Thirds	15.9	4608	3456	1080/60p	21.3	11.5	639	61
14.		Panasonic GH1	Four Thirds	12.0	4000	3000	1080/24p	21.6	11.6	772	64
15.		Panasonic GH3	Four Thirds	15.9	4608	3456	1080/60p	22.7	12.4	812	71
16.		Panasonic GM5	Four Thirds	15.8	4592	3448	1080/60p	22.1	11.7	721	66
17.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55

Many modern cameras are not only capable of taking still images, but can also record movies. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, and both provide the same movie specifications (1080/60i).

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the GH2 has an electronic viewfinder (1534k dots), which can be very helpful when shooting in bright sunlight. In contrast, the E-P3 relies on live view and the rear LCD for framing. That said, the E-P3 can be equipped with an optional viewfinder – the VF-3. The table below summarizes some of the other core capabilities of the Olympus E-P3 and Panasonic GH2 in connection with corresponding information for a sample of similar 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.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
2.		Panasonic GH2	1534	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
3.		Olympus E-M10	1440	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	Y	Y
4.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
5.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
6.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
7.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
8.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
9.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
10.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
11.		Olympus E-PM1	optional	n	3.0 / 460	fixed	n	1/4000s	5.5/s	n	Y
12.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
13.		Panasonic G6	1440	n	3.0 / 1036	swivel	Y	1/4000s	7.0/s	Y	n
14.		Panasonic GH1	1440	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
15.		Panasonic GH3	1746	n	3.0 / 614	swivel	Y	1/4000s	6.0/s	Y	n
16.		Panasonic GM5	1166	n	3.0 / 921	fixed	Y	1/500s	5.8/s	n	n
17.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that differentiates the E-P3 and the GH2 is in-body image stabilization (IBIS). The E-P3 reduces the risk of handshake-induced blur with all attached lenses, while the GH2 offers no blur reduction with lenses that themselves do not provide optical image stabilization.

Concerning the storage of imaging data, both the E-P3 and the GH2 write their files to SDXC cards. The E-P3 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the GH2 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 Olympus PEN E-P3 and Panasonic Lumix DMC-GH2 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.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
2.		Panasonic GH2	Y	stereo / mono	Y	-	mini	2.0	-	-	-
3.		Olympus E-M10	Y	stereo / mono	-	-	micro	2.0	Y	-	-
4.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
5.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
6.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
7.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
11.		Olympus E-PM1	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Panasonic G6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
14.		Panasonic GH1	Y	stereo / -	Y	-	mini	2.0	-	-	-
15.		Panasonic GH3	Y	stereo / mono	Y	Y	mini	2.0	Y	-	-
16.		Panasonic GM5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the GH2 has a microphone port, which can help to improve the quality of audio recordings by attaching an external microphone. The E-P3 does not feature such a mic input.

Both the E-P3 and the GH2 have been discontinued, but can regularly be found used on ebay. The GH2 was replaced by the Panasonic GH3, while the E-P3 was followed by the Olympus E-P5. Further information on the features and operation of the E-P3 and GH2 can be found, respectively, in the Olympus E-P3 Manual (free pdf) or the online Panasonic GH2 Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Olympus E-P3 or the Panasonic GH2 – has the upper hand? Is one clearly better than the other? Below is a summary of the relative strengths of each of the two contestants.

Reasons to prefer the Olympus PEN E-P3:

• More detailed LCD: Has a higher resolution rear screen (614k vs 460k dots).
• Fewer buttons to press: Is equipped with a touch-sensitive rear screen to facilitate handling.
• More compact: Is smaller (122x69mm vs 124x90mm) and thus needs less room in the bag.
• Less heavy: Is lighter (by 73g or 17 percent) and hence easier to carry around.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More affordable: Was introduced into a lower priced segment (11 percent cheaper at launch).
• More modern: Is somewhat more recent (announced 9 months after the GH2).

Advantages of the Panasonic Lumix DMC-GH2:

• More detail: Has more megapixels (15.9 vs 12.2MP), which boosts linear resolution by 14%.
• Better image quality: Scores markedly higher (9 points) in the DXO overall evaluation.
• More dynamic range: Captures a broader range of light and dark details (1.2 EV of extra DR).
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• More heavily discounted: Has been on the market for longer (launched in September 2010).

If the count of relative strengths (bullet points above) is taken as a measure, the match-up finishes in a tie (8 points each). 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.

How about other alternatives? Do the specifications of the Olympus E-P3 and the Panasonic GH2 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing whether the two cameras rank among the cream of the crop.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the E-P3 and the GH2 in practical situations. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why expert reviews are important. The following table reports the overall ratings of the cameras as published by some of the major camera 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.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	US$ 799	ebay.com
2.		Panasonic GH2	5/5	+ +	..	79/100	4.5/5	5/5	Sep 2010	US$ 899	ebay.com
3.		Olympus E-M10	4/5	..	..	80/100	5/5	5/5	Jan 2014	US$ 699	ebay.com
4.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	US$ 649	ebay.com
5.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	US$ 799	ebay.com
6.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	US$ 799	ebay.com
7.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	US$ 999	ebay.com
8.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	US$ 599	ebay.com
9.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	US$ 599	ebay.com
10.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	US$ 599	ebay.com
11.		Olympus E-PM1	..	86/100	..	71/100	4.5/5	4.5/5	Jun 2011	US$ 499	ebay.com
12.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	US$ 599	ebay.com
13.		Panasonic G6	4/5	+ +	..	..	5/5	4.5/5	Apr 2013	US$ 599	ebay.com
14.		Panasonic GH1	..	+ +	..	72/100	4.5/5	4.5/5	Mar 2009	US$ 899	ebay.com
15.		Panasonic GH3	5/5	+ +	..	79/100	4.5/5	4.5/5	Sep 2012	US$ 1 299	ebay.com
16.		Panasonic GM5	3.5/5	+	..	77/100	5/5	4.5/5	Sep 2014	US$ 749	ebay.com
17.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	US$ 699	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make your choice using the following search menu. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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