OM System has announced the OM-3, a new Micro Four Thirds mirrorless camera that combines the functionality of its pricier counterparts with a compact and lightweight body inspired by the Olympus OM-1 film camera from the 1970s. The OM-3 features a 20.37-megapixel stacked back-illuminated sensor, 10-bit 4K 60p video capabilities, and advanced computational photography features, making it an attractive option for photographers seeking a more affordable and portable solution.

The OM-3 boasts a range of features similar to those found in the OM System OM-1 Mark II, including a dedicated button and control dial for accessing computational photography modes. These modes allow photographers to capture higher-res images in 14-bit RAW, use neutral density and graduated filters, and employ AI-powered autofocus that can automatically detect specific subjects. Additionally, the camera features a 240 fps slow-mo video mode, a leatherette texture for added grip, and IP53 weather resistance.

One of the standout features of the OM-3 is its Creative Dial, which provides quick access to simulated film profiles, as well as color and black-and-white profiles with extensive customization options. This dial, carried over from the Olympus Pen-F, is located next to the lens and allows photographers to easily switch between different profiles and effects.

The OM-3 is now available for preorder, with the camera body alone priced at $1,999.99 and a kit including the OM System M.Zuiko ED 12-45mm F4.0 Pro lens priced at $2,299.99. For a limited time, OM System is offering a $200 discount in the US when the OM-3 is purchased with either the M.Zuiko Digital 25mm F1.8 II lens or the M.Zuiko Digital 17mm F1.8 II lens. Shipping is expected to start on February 27th, 2025.

While the OM-3 offers many advanced features, it does make some compromises compared to its more expensive counterparts. For example, its five-axis in-body stabilization is slightly less capable than the OM-1 Mark II's, and it only uses a single UHS-II SD card slot, reducing redundancy. Additionally, the camera's electronic viewfinder has a lower resolution than the OM-1 Mark II's, with 2.36 million dots compared to 5.76 million.

Despite these compromises, the OM-3 is an attractive option for photographers seeking a compact and affordable camera with advanced computational photography features. Its vintage-inspired design and range of features make it an appealing choice for those looking for a more portable and accessible alternative to the OM-1 Mark II.