Hi Manta,I think Olympus has silently acknowledged the problem. So far I've read of 4 people, myself included, that have received reasonable offers of an upgrade. However, I think most had some kind of evidence of a flood inside the PT-E03. I simply recorded an mpeg video of the housing leaking in the bath tub. It is my belief that at the surface, if tilted with the oring at the highest point, they will all leak at the surface. In any case, Olympus has offered a free exchange of the housing and a reasonable fee to upgrade the camera body. If it were me, this is a no-brainer. I had no peace of mind with the old housing and had 3 floods on a recent trip.
I purchased my housing this past spring but havn't had a chance to get in the water yet. I have a trip to Bonaire planned at the end on Nov. I'll try to go to a pool this weekend to test it. But with all the problems I would hate to have a flood in Bonaire as I don't get to dive as often as I use to. What was your process to replace the housing. Did fill out a repair request first or did you call customer service first?