Here’s the Deal
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When comparing Olympus SYSTEM OM-1 vs Panasonic Lumix S5 IIX, the Slant community recommends Panasonic Lumix S5 IIX for most people. In the question“What are the best professional mirrorless cameras under $3000?” Panasonic Lumix S5 IIX is ranked 6th while Olympus SYSTEM OM-1 is ranked 11th. The most important reason people chose Panasonic Lumix S5 IIX is:
Good video quality, features and performance.
Specs
Continuous drive10 fps
Image stabilization5-axis sensor-shift
Lens mountMFT
Max resolution5184x3888
Screen size3" fully articulated
Sensor23MP MFT CMOS
Shutter speed1/32000 - 60 sec
Video resolution4K @60p, 1080p @60p
Weight599g
Wi-FiYes
Continuous drive30 fps
Image stabilizationSensor-shift
Lens mountLeica L
Max resolution6000 x 4000
Screen size3" TFT fully articulated
Sensor24 MP full-frame CMOS
Shutter speed1/8000 - 60 sec
Video resolution6K @30p, 4K @60p, 1080p @120p
Weight740 g
AF points779
Dimensions134 x 102 x 90 mm
ISO Range100-51200 (50-204800 boosted)
TouchscreenYes
Ranked in these QuestionsQuestion Ranking
Pros
Pro Image quality
Pro Video quality
Good video quality, features and performance.
Pro SSD recording
Can write directly to external SSD devices (up to 2TB) over its USB-C socket.
Pro Good stablization
Cons
Con C-AF Tracking
Autofocus works well, but not as slick and simple as the latest ones from Canon, Sony or Nikon.
Con Sinister black look
A question of taste of course, it seems to be an "award-winning design".