Some improvement on the original - but price now looks really steep (especially compared to a Lumix GH1 and it's little sister the GF1 - which is probably a more direct comparison) and this new Olympus still seems to have a number of compromises for video/audio/photo. Still it's a step and I'm sure Micro 4/3rds will get there eventually (....but in the meantime I've just taken delivery of a Canon 7D).

Olympus E-P2 official, patches over E-P1 problems and jacks up the price (http://www.engadget.com/2009/11/05/olympus-e-p2-official-patches-over-e-p1-problems-and-jacks-up-t/)

A new lens roadmap was also released...I don't see any fast lenses in the future though.