Cameta Camera has the Olympus PEN E-PL1 12.3MP Live MOS Micro Four Thirds Interchangeable Lens Digital Camera (Body Only) for $140 with free shipping. Features Direct record button, Live Guide interface, Continous AutoFocus and 720p video recording.
Refurbished (Factory Demo) Olympus M.Zuiko 40-150mm f/4.0-5.6 Micro ED Zoom Lens for $160 with free shipping
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I bought this body from Cameta last September and this lens a few month later. The body is simply the best deal you can find for 4/3rd and the lens is the lightest, and smallest, 4/3rds telphoto zoom lens. This is the camera body/lens combination I grab for 90% of the images I take these day. Great IQ jpgs in a , smalll. light. and well balanced package