Picture quality is very good in good light and moderate Zoom. When it gets dark and / or you zoom very strong, then the BQ is much weaker: Noise and coarse pixel interfere then very.
Otherwise, the camera resembles the visually very Pentax-MX1, which not only is a bit cheaper, however, but also a folding display has what is lacking the SH-1. Haptic the Olympus is because of the processing and the materials used 1a.
What I find annoying is that you do not get a charger, but must charge the battery in the camera. That could change yes when an additional Olympus charger buys that offered by the manufacturer on its website for 80 Euro proud. For this purpose a second battery (not currently available) for gaudy 40 Euro and if you then ordered a great Orignial Bag in retro look to it is 70 euros again going. So the three mentioned accessories for just under 200 Euros are very brave of Olympus. That is, the camera 400, 200 for accessories add up to 600 euros.
I think that's really too exaggerated.
If I still have some more testing, I will still update.
UPDATE 1: The video function has very convincing. Actually consumption (t) e I the not yet, but herewith it is fun. One can also shoot photo while recording - very convenient. In slow motion, the AF is weakening. Even more during fast motion.
UPDATE 2: Weak I find the fact that you (here: Restaurant with candle lighting) on the screen in a slightly darker environment can recognize before recording hardly anything. If you still want something "zoom back", is the capture of the object to the search game. Then there are the situations where you again wants a viewfinder, as for example is the case with the "stylus-1".
UPDATE 3: Today I have returned the camera back. As nice as it is, so wertig how it feels: all in all not quite meet my intentions. That may be because I am convinced that felt to use 50 motivational and creative programs or ever need to. The decisive factor was last, that the display is permanently installed and is not hinged or pivoted. So successful are "overhead shots" at random field and ground-level photos degenerate into servility.