Well, I succumbed and bought an OM-1 - it's primarily a land camera for the foreseeable future, though it'll be interesting to see what housings appear for it in future - Putting in a vote for an EM-1 mkII/III style housing from Nauticam hope they don't decide to make a big expensive video style housing for it! It's a stills camera that can do some video on the side so need for M24 ports, separate back style housing as used for the GH5 etc.
So how is it??? In no particular order
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AF is a big step up it snapped to focus on subjects where the EM-1 II just hunted in low light
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new high res EVF is excellent and layout of info is good- keeps out of way of image
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ISO3200 is very usable. The AI based noise reduction in OM Workspace does a nice job
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Noise is subjectively better then EM-1 MkII
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Bigger battery is nice with 25% more capacity
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Subject tracking works pretty well
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The better in body stabilisation is great.
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Body is very solid in the hand feels very high quality - the sort of feel you had with the Canon 1D - 1Dx series cameras
Some samples - non marine of course but give you an idea:
Common Bronzewing with 300mm f4/1.4x 1/80 @ f8 ISO800 handheld : Bronzewing
Did have any subjects needing high ISO so in best traditions of DPreview of old I took a photo on my cat in low light indoors.
1/60 @ f8 300mm f4 ISO3200: Maxxie
on this shot the OM-1/300mm f4 snapped to focus but the EM-1 just hunted and refused to focus.
And here is a 100% crop comparing Capture one Noise reduction (standard) and OM workspace AI based NR :
from image above: noise compare
To compare noise performance with EM-1 MkII, I took shots of a dry flower arrangement at ISO3200.
this is about 50% of frame: ISO3200_frame
and is here is a EM-1 MkII/OM-1 comparison, 100% crops bothe capture one processed: Compare EM-1 II and OM-1 noise
Subjectively to me the noise on the OM-1 is better - more even without the clumpy noise from the EM-1 II, using OM workspace should improve it further.
I linked the files rather than paste in so I could show 1600 px on long side files. All in all seems like a great camera.