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List prices are from B&H Photo.
E-M1 body with HLD-7 battery grip, strap, charger, 2 extra batteries, and Olympus detachable flash unit. The battery grip gives you a second battery and makes the camera easier to handle, particularly with long lenses. In-camera image stabilization. 4070 clicks. “Camera of the Year” according to Michael Reichman a couple of years ago. $650 (list $999 for the body, $159 for the grip, $50 for the flash).
Olympus Zuiko 12-60mm f2.8-4.0 lens. This is from the Olympus “High Grade” series and gives excellent optical quality with a 24-120mm equivalent range. Originally designed for the 4/3 camera system, you must use an adapter (included) for use on a Micro 4/3 camera such as the E-M1. $550 (list $999)
Olympus Zuiko 50mm f2.0 macro lens. Perhaps the best lens, optically speaking, that I have ever used. If you don’t believe me, check out DP Review. Originally designed for the 4/3 camera system, you must use an adapter (not included, costs about $100, Panasonic item # DMW-MA1) for use on a Micro 4/3 camera such as the E-M1. $250 (list $499)
Olympus Zuiko Digital 50-200mm f 2.8-3.5 lens. The 35mm equivalent range is 100-400mm, and the optical quality is excellent. Originally designed for the 4/3 camera system, you must use an adapter (not included, costs about $100, Panasonic item # DMW-MA1) for use on a Micro 4/3 camera such as the E-M1. Removable tripod mount included. $600 (list $1,199)
Panasonic Lumix 100-300mm f/4.0-5.6 lens. With built-in image stabilization, you have hand-held capabilities at up to 600mm (equiv) with any M4/3 cxamera (not needed with the E-M1 which has in-camera stabilization). I have snagged quite a few nice bird pix with this lens! Mounts directly to M4/3 cameras, no adapter required. $325 (list $597)
Panasonic Lumix G-Vario 7-14mm f/4 aspherical lens. Equivalent range 14-28 mm. Mounts directly to M4/3 cameras. Surprising performance for such a compact and light-weight optic. $500 (List $898)