A Spanish site, Quesabesde, has published a new review on the Panasonic. This is a complete review that describes through all features and many RAW and JPEG samples. Unfortunately, this review shows that although there’s some high-ISO improvement, DR isn’t all that impressive. So they only consider theas a small improvement over the existing 12MP bodies (they mention Olympus) – definitely not up to par to the current 16MP bodies.
Source: http://www.quesabesde.com/noticias/panasonic-lumix-gf5-analisis-fotos-video,1_8701
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