Olympus has officially unveiled the E-PL1. It's the first "affordable" EVIL camera at $599. That's $100 near the price of the canon G11 and Pany LX3! So what do you think will happen next? Are point & shoots like the G11/LX3 super over priced? Are they going to have to come down in price ($200-300) to compete? Are bulky DSLRs going to move up in price and features to differentiate from the coming onslaught of lower priced EVIL cameras? EVIL cameras have been a major success for Panasonic/Olympus.
