Excerpt: I got this camera for 1,799 AED (490 USD) from the Panasonic store in Dubai Mall. The 14-42mm lens came free with it, so this was practically a steal! (Camera + 14mm + 14-42mm lenses) The auto white balance is one of the best things about this camera, for some reason it is perfect in every picture I took. Night (Low light) photos are noisy and not that good, but that is to be expected from the 14mm and 14-42mm lenses that came with the camera.
Summary: This was my first camera purchase in over 5 years. At the time of the purchase, I was going on my first trip abroad in a long time, and I wanted a camera that would take quality photos of all the sights. I settled on wanting to buy a mirrorless camera because I wanted something a little more compact. Truth be told, I was under the impression that the camera's lens would not be so large allowing me to keep the camera/lens combo in my pocket. That is not the case.
Summary: I bought the Lumix GF5K new 7 month ago. It has been an easy camera to use and get to know the controls. I use it at least once or twice a month for family/friends pictures or close up indoor low light situations with the 14-42 mm standard lens. The quality is pretty good provided you study and try different controls to take the best pics. However the 14-42 mm lens is really an outdoor lens and for indoor you may need an shorter alternative lens.
Pros: Inexpensive, Compact, Easy to use, Durable, Exceeded expectations, Convenient
Cons: the 14-42 mm lens gets conflict with flash, panasoinc lenses are expensive.