New Olympus FE-46 and FE-26 occupy the entry-level with AA-power
Olympus is refreshing its entry-level with AA-based FE-series digital cameras. But don't let the name and price scare you away. The specs are not bad considering the price. Unfortunately, the SD/SDHC memo got lost, and all the new Olympus P&S announced today (total of six) are using xD and microSD. Considering that you can't use an SD/SDHC card in a microSD slot, this is SD/SDHC-FAIL once again from Olympus.
The Olympus FE-46 will cost a mere $100 and offer a 12-megapixel sensor (just $8 per megapixel grocery fans!), a 5X optical zoom that starts at 36mm, and a 2.7" LCD. It is available in four fashionable colors (blue, pink, black, silver).
The Olympus FE-26 will cost $90 instead, have a smaller lens (3X (also starts at 36mm) and smaller LCD (2.5-inch).
Both cameras take two AA batteries (hooray!) and have Magic Filters, which is the P&S name for "Art Filters", because apparently P&S users understand "magic", but not "art" ;-)