Olympus has announced the launch of a new compact and lightweight entry level DSLR camera ahead of PMA. The new camera, called the Olympus E-410 is the successor to the E-400 and comes with Live View that allows photographers to frame their shot on the 2.5-inch LCD display at the rear of the camera rather than having to rely on an optical viewfinder.

The camera will support Olympus' Four Thirds system and offer 10 megapixels via a "professional-grade" Live MOS sensor.

Clearly aimed at the prosumer rather than the professional, in addition to offering adjustable exposure options, including full manual control, the E-410 features 32 consumer-friendly shooting modes are on board for ease-of-use in all manner of situations. These range from Portrait and Macro to Underwater Wide, Underwater Macro and xD Panorama.

Users have a choice of data storage options: both CompactFlash and xD-Picture Cards can be used with the E-410, which allows even those upgrading from Olympus compact cameras to continue using their existing cards.

A Supersonic Wave Filter for dust protection, Built-in pop-up flash, 3fps with up to seven images in RAW buffer, One touch white balance, AF-lock functionality, Depth of field preview function, 49 segment digital ESP, Exposure bracketing function, Beginners’ and advanced info screen, Detailed playback info screen with histogram complete the offering.