The EP-2 addresses some of the concerns that critics had about the EP-1: slow autofocus speed and difficulty seeing the LCD panel under certain (e.g., bright, sunny) conditions.

However, the principal use of the accessory port was a new, high resolution, optional hotshoe mounted VF-2 electronic viewfinder (EVF).

The VF-2 had a flip angle eyepiece, allowing viewing from 0–90 degrees.

In the United States the E-P2 MSRP with 14–42 mm kit zoom lens, and VF-2 EVF, was US$1,100.

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