The Olympus E-M1 is sitting on a goldmine. The 5 axis stabilisation system is heaven for video, but very little attention was given to video specs. The codec is only capable of recording in one frame rate, 30p, which is an NTSC rate completely unsuited to 70% of the world’s population living in Europe, the UK, China, Brazil and Australia. Consumers need 25p or 50p… and filmmakers are desperate for the 24p look!
Now Olympus are said to be working on a firmware update (source: 43rumors) that gives 21 steps of manual audio gain control (1 step more than the GH3).
Here is a summary of what else video users need.