<s>
The	O
Olympus	B-Algorithm
E-500	I-Algorithm
(	O
Olympus	O
EVOLT	O
E-500	O
in	O
North	O
America	O
)	O
is	O
an	O
8-megapixel	O
digital	B-Device
SLR	I-Device
camera	I-Device
manufactured	O
by	O
Olympus	O
of	O
Japan	O
and	O
based	O
on	O
the	O
Four	B-Architecture
Thirds	I-Architecture
System	I-Architecture
.	O
</s>
<s>
Like	O
the	O
E-300	B-Algorithm
launched	O
the	O
previous	O
year	O
,	O
it	O
uses	O
a	O
Full	O
Frame	O
Transfer	O
(	O
17.3	O
x	O
13	O
mm	O
)	O
Kodak	O
KAF-8300CE	O
CCD	B-Algorithm
imaging	I-Algorithm
chip	O
.	O
</s>
<s>
Unlike	O
the	O
E-300	B-Algorithm
and	O
the	O
E-300	B-Algorithm
'	O
s	O
successor	O
,	O
the	O
Olympus	B-Algorithm
E-330	I-Algorithm
,	O
the	O
E-500	O
retains	O
the	O
traditional	O
SLR	O
appearance	O
,	O
with	O
a	O
humped	O
pentamirror	O
box	O
instead	O
of	O
the	O
E-300	B-Algorithm
'	O
s	O
unique	O
Porro	O
mirror	O
arrangement	O
.	O
</s>
<s>
The	O
viewfinder	O
hump	O
means	O
the	O
E-500	O
is	O
taller	O
than	O
the	O
E-300	B-Algorithm
,	O
but	O
in	O
other	O
dimensions	O
it	O
is	O
smaller	O
.	O
</s>
<s>
Improvements	O
over	O
the	O
E-300	B-Algorithm
include	O
a	O
rear	O
LCD	O
screen	O
,	O
49	O
zone	O
metering	O
(	O
the	O
E-300	B-Algorithm
'	O
s	O
total	O
is	O
undocumented	O
,	O
but	O
believed	O
to	O
be	O
3	O
)	O
,	O
spot	O
metering	O
,	O
an	O
RGB	O
histogram	O
to	O
identify	O
clipping	O
across	O
the	O
three	O
color	O
channels	O
in	O
post-shot	O
review	O
,	O
optional	O
improved	O
noise	O
filtering	O
for	O
low-light	O
photography	O
,	O
and	O
the	O
ability	O
to	O
apply	O
software	O
color	O
filters	O
in	O
black-and-white	O
shooting	O
.	O
</s>
<s>
In	O
a	O
buyers	O
guide	O
distributed	O
by	O
the	O
UK	O
Digital	B-Device
SLR	I-Device
magazine	O
(	O
December	O
06	O
,	O
2nd	O
edition	O
)	O
,	O
the	O
Olympus	B-Algorithm
E-500	I-Algorithm
camera	O
was	O
identified	O
as	O
an	O
intermediate	O
digital	B-Device
SLR	I-Device
camera	I-Device
—	O
capable	O
of	O
functioning	O
as	O
a	O
professional	O
tool	O
in	O
most	O
situations	O
,	O
well	O
above	O
what	O
the	O
average	O
street	O
price	O
of	O
£379	O
(	O
at	O
time	O
of	O
article	O
)	O
reflects	O
.	O
</s>
<s>
The	O
successor	O
to	O
the	O
E-500	O
is	O
the	O
E-510	B-Algorithm
.	O
</s>
<s>
Released	O
in	O
2007	O
,	O
the	O
E-510	B-Algorithm
provides	O
several	O
feature	O
improvements	O
including	O
a	O
new	O
10-megapixel	O
Live	O
MOS	O
Sensor	O
with	O
claimed	O
lower	O
image	O
noise	O
at	O
high	O
ISO	O
compared	O
to	O
the	O
E-500	O
,	O
LiveView	B-Device
and	O
in-body	O
Image	O
Stabilization	O
in	O
approximately	O
the	O
same	O
body	O
size	O
as	O
the	O
E-500	O
.	O
</s>
