Excerpt: I bought it since I lost the original stand for my Canon speedlite 270. It fits perfect. I was told by the chatting costumer service that it will work. Olympus itself should have on their specs that is compatible.
Summary: Considering the automatic functions of this flash with the E-3, the price was well worth it, purchased used at KEH. When shooting weddings, this flash produced good lighting along with ambient light. I added a LumiQuest bounce adapter. The flash is placed on a professionally designed bracket including the off-camera adapter. I'm very well pleased with the results. The flash integrates with the E-3; one does not have to make any adjustments.
Pros: Reliable, quick recharge (faster than most flash units I've used), ease of use, and integration with the E-series cameras.
Cons: The NiMH batteries have a tendency to drain faster and I have to be several battery sets for any major assignment such as a wedding shoot., A direct battery pack, allowing for extended usage and not have to rely upon the Olympus battery pack/bracket. I prefer to use over the lens brackets, even adjustable for both portrait and landscape.
Summary: Decent flash, but overpriced compared to Nikon's SB-800. Since the FL-50 is the only flash that will give you high speed shutter sync with an E-1, you really don't have much of a choice. That said, it performs quite well. Plenty of power for bounce and outdoor fill. With the 14-54f2.8-3.5, it zooms automatically at 14, 18, 25 and 35, but only when the flash is locked in the standard forward facing mode. Once you tilt it, it zooms all the way for max power.
Pros: More power and faster refresh times than your only alternative, the FL-36
Cons: Expensive relative to N and C, Build quality lacking for price
Excerpt: If, like me, you have an Olympus DSLR and are enjoying its flexibility and quality, you may well be considering a flash unit. At first glance, the cost of the two available Olympus units is a little off putting. In particular, I asked myself "how will this improve my photography?" Well, I ended up choosing the FL50, and I'm glad I did. This is a seriously powerful flash gun, but its controllability and flexibility mean that you can use it in any situation.