After everything settled down yesterday, while the sun was still out, I tried to take a couple of shots with the XZ-2 and the MX-1 to see how similar they might be.

Not very, it turns out.

The most interesting thing seems to be the way the RAWs are handled.

I expected some differences in the JPEGs, so I compared a RAW image from both cameras. If these are the same lens/sensor systems from the same OEM, then Olympus chose to do some lens corrections in the RAW file (suffix .ORF). There is visible barrel distortion in the MX-1 RAW image (DNG format), which is corrected in the JPEG. With the XZ-2, there is no such visible distortion.

I'm willing to believe they're doing lens corrections in the RAW file, because the JPEGs and the RAWs have never been identical in terms of coverage. They differ by one or two rows of pixels at the long side, shifting the image left or right in portrait, up or down in landscape. There is data there, so it would seem there is some tiny crop involved.

I didn't mount the cameras on a tripod, so I can't compare the actual coverage of each one. I may do that later. Crappy weather today, though I could do it in the house I suppose.