If you have been looking into the M 4/3 system, chances are that the Olympus E-M1 or E-M5 II have been on your list of cameras to consider. Both offer excellent features and performance in the M4/3 market, and now both can be had for a great price.

Olympus is shaking things up and has announced some great price drops on both the E-M1 and E-M5 II, both of which can now be had for under $1,000. Currently, it looks as if this price drop is only in the US, but it may circulate world wide as well.

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The E-M1 is Olympus’s current M4/3 flagship camera, offering the best they can offer in terms of performance and raw imaging power. Our own Chris Lin reviewed the E-M1 on this last trip to eastern Europe and was greatly impressed (coming from a FF DSLR), you can read his full thoughts here.  Thanks to the new $300 price drop, the E-M1 is now available for just $999! You can pick one up over at B&H here.

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The E-M5 II is Olympus’s latest mid-range offering, and in some ways gives the older E-M1 a run for its money. The E-M5 II features Olympus’s sensor stabilization technology as well as their new 40MP sensor shift mode that allows for incredibly detailed images in certain situations. Thanks to the current deals, the E-M5 II can now be had for just $899 after $200 instant savings. You can grab one over at B&H here.

There is no word yet on when these deals will expire, or if they are permanent. So my advice is that if they are attractive to you, take the deal while you can; you never know when Olympus changes their mind and prices go back over $1000.

If you are just getting into the M 4/3 system and you also want to grab some lenses, there are also some nice lens deals for Olympus glass which I have listed below.

  • $100 off on the Olympus 40-150mm PRO lens at B&H
  • $100 off on the 12mm f/2.0 lens at B&H
  • $100 off on the 75mm f/1.8 lens at B&H
  • $50 off on the 45mm f/1.8 lens at B&H
  • $80 off on the 40-150mm lens at B&H
  • $50 off on the 14-42mm lens at B&H
  • $50 off on the 75-300mm lens at B&H
  • $100 off on the 9-18mm f/4.0-5.6 lens at B&H
  • $100 off on the 12-40mm lens at B&H
  • $50 off on the 60mm lens at B&H

What are your thoughts on these deals from Olympus? Do they make the M4/3 system a little more attractive to you?