The first image of the Olympus E-5 has leaked, though you'd need a Victorian sensibility to truly appreciate it as so far all we can see is a shoulder. According to 43rumors, their trusted sources have confirmed that the shot is indeed a crop of the upcoming E-5, and they've also provided some hardware specs too: a 12.1-megapixel sensor, ISO 100 to 6400 and a weatherproof magnesium body.
There's also 6fps burst shooting, support for 720p HD video at 30fps, and a mono microphone built-in; an input allows for an external stereo microphone. Interestingly, the E-5 can apparently also record sound clips accompanying still images. There's a 3-inch 920k dot LCD, 11-point full-twin cross AF sensor with a phase-difference detection system, and 11 area multiple AF using contrast detection.
Both SD and CF card slots are tipped, and a built-in wireless flash. It's unclear right now whether the Olympus E-5 uses the same 12.1MP sensor as the PEN range, but we shouldn't have long to wait before we find out: the new micro four thirds camera is expected to make its official debut on September 14th, next Tuesday.