One of the amazing things about Micro Four Thirds system is the collection of really awesome compact sized, portable lenses that are excellent in optics design and can deliver great results. Sometimes it still puzzles me how something so tiny-ly built can render astoundingly sharp and beautiful results. Even the lowlist kit lens from Micro Four Thirds is no slouch either, they are impressively sharp. I compiled a list of 5 best budget lenses for Micro Four Thirds system under USD150 (used or new) with autofocus - the lenses are Panasonic 14mm F2.5, Olympus 45mm F1.8, Panasonic 12-32mm F3.5-5.6, Olympus 40-150mm F4-5.6 R and Yongnuo 17mm F1.7. I made a video to further expand on my explanations, you can view it here (click).
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I have 3 of the 5 lenses (14mm, 45mm, 40-150mm) and absolutely agree with the assessment. The 40-150mm I have had for over 13 years and its performance for exceeds expectations based on its cost, weight, and size. The 45mm f1.8 is the only prime I have owned that noticeably exceeds the performance of the 12-40mm f2.8. Just acquired the 14mm f2.5 to use with the EPL-7 (recently acquired). It is much sharper than the 14mm end of my Olympus 14-42mm mk ii kit lens and holds its own against the 12-40mm f2.8, which is simply an outstanding zoom lens. Some purple fringing noticed, which required an adjustment of the LR CA slider to fix.
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