In addition to the grand prize, Olympus is offering up a first place award in each category that includes an OM-D E-M5 II with the same 12-40mm f/2.8 PRO lens. Second-place winners in each category will receive the E-M5 II along with the more entry-level 14-42mm f/3.5-5.6 lens, while third-place winners will walk away with a PEN E-PL8 and the 14-42mm lens.
When shooting JPEGs, the Olympus E-PL1's 14-42mm kit lens produced about 0.8 percent barrel distortion at wide-angle, which is about average and slightly noticeable in some of its images. At the telephoto end, there's almost no distortion, practically imperceptible.
This is no small award. The OM-D E-M1 II is Olympus’ newest flagship camera and is not yet available in stores. It is the first camera from Olympus to feature 4K video, and also offers blazing-fast performance, with continuous shooting speeds of up to 60 frames per second (when using the electronic shutter). It costs $2,000, while the 12-40mm f/2.8 PRO lens sells for $1,000.
Thank you for confirming the issue on your side. When I realized what happened with my camera I couldn't believe Olympus has released a FW introducing such a massive bug. So I doubted my camera probably has an individual issue... Probably the issue arises due to updating directly from FW 1.2 to 1.4? Was that what you did as well?