This sounds very interesting; Olympus has announced that they’re working on a micro Four Thirds system camera with interchangeable lenses.
If the image quality is good on this camera and they make some good fast prime lenses for it, it could step in where the Leica M8 failed. Olympus, please make it in black!
UPDATE: Olympus European marketing director Miquel Angel Garcia has confirmed that within the next 12 months we should expect a camera similar to the prototype.