Resurrecting this "old" thread because I wanted to share my latest aquisition:
My main reason was because I wanted DSLR image quality (including RAW) in the most portable package I could find. I simply am not using my K/M 7D because it's too large to carry all the time, despite the great pics it produces. At the same time, I'm extremely dissappointed with my Canon P&S that is always in my backpack, particularly in low light.
I looked hard & long at the Sigma DP-1. The Foveon sensor has some great qualities. When the price dropped a few weeks ago to more reasonable levels, I failed to pull the trigger quickly enough, and the price has gone back up with no change. Unfortunately the DP-2 seems to be practically vaporware, and if it ever shows up will probably command niche prices.
In my searches, I came across the Olympus pancake lenses. The combo with the E-420 reminded me of the little Pentax ME 35mm from back-in-the-day. Something I can definitely carry with me nearly all the time. Single focal-length, simple, straightforward. Amazon has some great prices at the moment, so the order was placed.
Just unpacked everything, and the battery is charging. Love the form factor. Despite the small body, it fits well in my hand, with controls naturally placed - a welcome surprise. The plan is to put it thru its paces, including the Head-Fi meet in Queens this weekend. Will report back later.