Olympus presents the latest addition to the E-System, the world’s smallest and lightest D-SLR camera – the E-400. The compact size and low weight of this latest Four Thirds Standard camera, allows photographers to take it virtually anywhere, while not having to do without the considerable benefits of SLR photography.

This model features a new CCD with 10.0 million pixels and a state-of-the-art amplifier circuit for incredible imaging performance at super fast speed. As the design of the E-400 is based on the Four Thirds Standard, users have virtually unlimited flexibility.

E-System cameras, the E-400 features the Supersonic Wave Filter – ensuring dust-free photography, even after changing lenses under challenging conditions.

The Olympus E-400 digital SLR – main features:

• World’s smallest and lightest D-SLR
• 10.0 million pixels
• 6.4cm/2.5” LCD
• Supersonic Wave Filter for dust protection
• Dual memory card slots (for xD-Picture Card and CompactFlash)
• 31 shooting modes (incl. 5 exposure, 7 creative & 19 scene modes)
• Built-in pop-up flash (GN 10)
• 3fps with up to five images in RAW buffer
• One touch white balance
• TruePic TURBO image processor
• AE/AF lock functionality
• Depth of field preview function
• Improved 49 segment digital ESP and spot metering
• Exposure Bracketing function
• Large beginners and advanced info screen
• Detailed playback info screen with histogram
• Exceptional ease of use with intuitive GUI and buttons that provide immediate access to frequently used features
• JPEG & RAW recording
• Based on Four Thirds Standard
• Underwater Case available (PT-E03) waterproof to 40m

It looks like it might be good, but I’m still worried for Olympus and the Four Thirds standard, it doesn’t seem to be doing well.

I would estimate this camera should be around RM2000-2500.