this amazing lens is the smallest 3x zoom lens for large sensor cameras currently available
not only is it the size of a pancake lens but it's optical quality is as good as most kit zoom lenses, plus you get optical image stabilisation and power zoom as well.
thus what you are paying all that extra money for is the compact size, but that may well be worth it for many people.
Panasonic is bundling this lens with the Panasonic GX-1 enthusiasts compact Micro Four Thirds system camera to make this kit the smallest 3x zoom kit available, even smaller than the Nikon 1 system
best image quality is at 25mm at f/5.6-f/8
Olympus users may need post-processing to reduce CA
specs
14-42mm focal length = 28-84nn field of view coverage in 35mm terms
f/3.5(wide) - f/5.6 (tele) is comparable to most kit zoom lenses
Nano surface coating
9 elements in 8 groups (4 aspherical lenses , 2 ED lens)
POWER OIS optical image stabilisation (better than Mega OIS) but no OIS switch