Any thoughts?
Well we appear to have a boatload of Oly fanboys around here, so I'll throw in my counter tuppenceworth (and as a purchaser of the Gh2/Gh3/EM5/EM1)
The GH3 and EM5 probably share the same sensor. So in terms of ultimate still quality, there isn't anything in it - except if you shoot in the dangerous shutter shock speeds, in which case its a slam dunk for the GH5 because of the totally electronic shutter mode. I still run into issues with my EM5 occasionally, even shooting with the hideously unsettling 1/8th of a sec delay mode on all the time.
The GX7 seems to be right up there as well with virtually identical IQ to the GH3 and EM5, and I don't think the EM1 really improved on the IQ of those either.
I would say its a case of choose the camera from any of those based on preference, features and ease of use rather than any difference in IQ.
And if you're shooting base ISO only, the gap between those and the GH2 isn't THAT great. It does seem to be the higher ISOs where the newer sensors show less noise, especially chroma. If I'm shooting landscapes, I generally still gravitate to the GH2 much of the time as I like the multi aspect sensor, and that camera doesn't seem to exhibit shutter shock with the lenses I use - maybe because its an older, slower mechanism.
Note - if you're used to the panasonic menu's you won't have too much trouble sticking with the newer Panny cameras, but this might not be the case with Oly. Many people really despair with the way Oly do some things. You need to do your research on what would bug YOU.