From DCRP:

Olympus has released new firmware updates for their E-3 and E-510 digital SLRs, plus the 70-300 mm Zuiko lens. Here’s what you’ll get by installing the updates:

E-3 DSLR body:

• Dial operation on the power grip HLD-4 has been improved. The relationship between the rotation of the dial and the movement direction of the AF target has been optimized.
• Battery check function has been improved to extend shooting time when the power grip HLD-4 is attached.
• Focusing now stops immediately when the AF start button (AEL/AFL or Fn button) is released.
• Improved performance with the FL-50R or FL-36R flash units when undertaking bounce flashes at short distances.
• The selection and prioritization of the central five ranging points when shooting in C-AF mode and dynamic-single target mode has been improved.

E-3 DSLR and E-510 DSLR bodies:

• Image stabilization is now available for OM mount non-Four Thirds System interchangeable lenses.

Zuiko 70mm-300mm Digital Specific™ Lens:

• Stabilized exposure precision

The firmware for all of these can be updated with the Olympus Master or Studio software.

Olympus’ latest offering gets a good review over at DPReview.

So how does the E-510 fare in the face of such strong competition? The answer is that it does very well in virtually all respects; the handling and control interface are superb (minor niggles aside; in manual exposure mode I was constantly wishing for a second control dial and the setup menus could really do with a bit of organization), its capable of excellent results and its actually very fast and responsive.

The image stabilization system is surprisingly effective, the tiny kit lens remarkably good and the live view, though far from perfect, is actually very useful in the studio. It’s a well thought out and SLR that is small and light enough to carry with you all day long yet offers very stable handling due to an excellent grip and well balanced, mature design.

Head on over for the review of the Olympus E-510 .