When comparing Olympus OM-D E-M1 vs Fujifilm X-T2, the Slant community recommends Olympus OM-D E-M1 for most people. In the question“What are the best mirrorless cameras?” Olympus OM-D E-M1 is ranked 1st while Fujifilm X-T2 is ranked 9th.
Specs
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Pros
Pro Amazing image stabilization
Pro Supports standard Four Thirds lenses
Built-in phase detection allows you to use standard Four Thirds lenses via an adaptor.
Pro Good electric viewfinder
The viewfinder is bright and sharp.
Pro Great focusing system
The focusing system is quick, it rarely if ever resorts to focus hunting and it's consistently accurate.
Pro In-body stabilization saves money on lenses
Since stabilization can be applied to any lense, you can save money by not having to spend it on stabilized lenses which are generally more expensive than non-stabilized lenses.
Pro Convenient in-camera RAW conversion
Pro Quick access to settings
The camera takes a "buttons and dials for everything" approach. It's also possible to change what some of the buttons do.
Pro Great image quality
E-M1 takes sharp 16MP images with tonal colors. There's little noise up until 1250 ISO and there's little smudging up until 6400 ISO.
Pro Continuous autofocus works well at a distance
Continuous autofocus is reasonably reliable using long lenses at a distance. It works slightly better with the subject coming closer/moving away from the camera than it does when the subject is moving from side to side.
Pro Can preview HDR images in viewfinder
HDR images can be composited in-camera and the output seen using the viewfinder.
Pro MFT lens mount allows for a wide variety of lenses to choose from
Micro Four Thirds system is a standard used by Panasonic, Olympus, Sigma and many others so you're not locked into a having to buy lenses from one manufacturer.
Pro Fantastic pictures
Fujifilm’s X-Trans sensor enables the X-T2 to take fantastic pictures. Images consistently feature great detail, contrast and colour. The end result are images that have lifelike colors, great contrast and require little to no post processing.
Pro Excellent video quality
The X-T2 is able to capture 4k video at 30 fps and HD video at 60 fps. By capturing footage at a higher resolution then downscaling it to 4k, X-T2 produces very detailed video. Additionally, with its F-log colour mode, the X-T2 is able to capture even more dynamic range. The inclusion of a built in micro HDMI port as well as 3.5 mm audio jack allows for external devices to be connected as well. As such, the X-T2 is ideally set up to produce fantastic content.
Pro Excellent low light performance
The Fujifilm X-T2 features great sensitivity in low light conditions due to its great sensor quality and excellent image processing. This makes it a great investment if shooting locations include clubs, concerts or other dimly lit areas.
Pro Great build quality
The X-T2 is a rugged camera whose body is both dust and moisture resistant. Additionally, it has been rated to work in temperatures as low as -10 degrees Celsius. Photographers that have used this on shoots have testified to its reliability in poor weather conditions.
Pro Software updates
Previous versions of the Fujifilm X series have been improved over time with firmware updates. As such, the X-T2 will continue to be extremely capable in the long term.
Cons
Con Video quality could be better
The video is limited to 24MBit max bitrate.
Con Limited framerate options
Shooting in 1080p the camera is limited to 30fps, there are no slow-mo options or 24fps options.
Con Continuous autofocus is spotty at close range
Continuous autofocus is sometimes seen hunting with wide angle lenses at short range.
Con Power switch placement can feel inconvenient
Con Somewhat unintutive RAW conversion interface
Con The depth of interface options can be overwhelming at first
Con No touchscreen
Touchscreens are common features on a variety of similar cameras. While the X-T2 has analog controls these have a tendency to slow down one's workflow.
Con No image stabilization
Optical image stabilization is not built into X-T2 so a lens that comes with image stabilization will have to be purchased separately. Fujifilm's X-Mount lens system has several to choose from.