In a GH5M2 vs A1, body size and weight is pretty much the same, as the GH5 is remarkably big for an M43, while A1/A7/A9 series is fairly small for a full-frame body. OP uses his GH5 with a Canon 8-15mm - A1 would use the same lens, just with a different adapter. 14-42mm vs 28-60mm is a pretty much immaterial difference, and both use the same WWL-1. Admittedly, at macro, Sony 90mm is a pound heavier than Olympus 60mm, but still, that's just a pound. The big differences are only in the domes (180mm vs 230mm) and big telephoto lenses for land use.
As for advantages, A1 has four stops of dynamic range over GH5M2 - that's pretty significant.
Four stops benefit? I wish!!!
Best case 2 in video and 1.5 in photos
The weight of the underwater rig would stay the same for wide angle unless I need to upgrade the strobes
For the dome the rectilinear port is admittedly one I use a lot on the GH5M2 as I actually have great results and no major blurry edges but there the some size will probably need to go up I would still try my 180mm the reason is that the radius of the circle is only 1 cm wider in the 230mm the main difference is the field of view so using it with a 16-35mm lens the difference will be minimal
So the only real weight difference would be for macro which is my least favourite discipline there I am planning to get a sigma lens and yes they are heavy but not more than the dome set up
I have given the whole thing a lot of consideration I do have some concerns about the relatively low bit rate of the a1 video files however I already have a ninja
The key issue driving the costs here is new camera and lens the underwater part is actually the least expensive part as I will reuse almost all my ports and water optics
Am only getting two flat ports and mount adapter the total for the UW part is around £5.5k the land part is £9.5K
So it really is the camera system that drives the cost
The GH5M2 lens set costs £2,800
Am netting out the canon 8-15mm i already have all glass ports to reuse and strobes etc
If I was switching to a photo capable camera the cost would drop to £5.5k so it really is the desire for semipro video in one body that kills it
The A1 also shoots 120fps which I use on land
I am not prepared to invest in full frame camera that shoot apsc video 60fps only to get an improvement over photos as all the video land and uw would have to suffer
Currently I shoot 60fps on land as standard and 30fps underwater with some scenes at 60fps depending on available light
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