Originally Posted by T-Lama
Question is - will Leica participate in m4/3? Panasonic already uses their design to make lenses, now they use Oly port and viewfinder. What will be next?
Panasonic design and manufacture all their Leica-branded lenses in-house. They are not designed by Leica in Germany and never have been. But the Leica-branded Panasonic lenses must conform to performance specifications that are approived by Leica. For example, while Panasonic non-Leica branded lenses will sometimes have optical distortions that require in-camera correction, this is not allowed with Leica branded lenses.
I think an interchangeable lens Leica-branded Micro Four Thirds camera is not very likely. Especially one based on an Olympus chassis because of Leica's alliance with Panasonic and, I feel, a reluctance on Olympus' part to partner with Leica (or any other major camera brand). Leica tried Four Thirds with the Digilux 3 and it wasn't a success; indeed it was considered a distraction from Leica's core activities. Re-branding Panasonic Lumix compacts is one thing - but Micro Four Thirds is another.