Without a flip-out LCD, the utility of this feature is reduced. That said, for tripod work I can see its utility. I think the sensor's second set of pixels are used for this, or is that right? I for one DO miss the live preview on the E-10, particularly for low- and odd-angle shots.
Couple of things:
- I have heard the preview will be 10fps, which is pretty sluggish for anything but studio work.
- The press release is outright false when it says it is the first digital SLR with live preview. Olympus should call them on it.