Join Date: Jun 2009
Location: British Columbia, Canada
If you're going to spend that much money on a camera (suggested retail price according to Olympus' website is $599), I would much rather spend it on a lower-end DSLR, especially if you are thinking of continuing your education in photography. In reference to the quote that JDI posted - all lower end DSLR's will also allow you to "get better photos straight away", however once you have learned more about photography, a DSLR will take you so much farther.
I agree with JDI, this seems like a camera you would either love or hate. I don't think I would like it very much.
I will say, however, that if you are just looking for a compact camera that can do a little more (which could be the case, as your old camera was compact), then it could be a good camera for you!