Size and weight is a big decision factor when you are trying to find the ideal camera for your needs.
In this section, We are going to illustrate Panasonic ZS3 and Olympus VH-515 side-by-side from the front, back and top in their relative dimensions. Panasonic ZS3 has external dimensions of 103 x 60 x 33 mm (4.06 x 2.36 x 1.3″) and weighs 229 g (0.50 lb / 8.08 oz) (including batteries). Olympus VH-515 has external dimensions of 102 x 60 x 21 mm (4.02 x 2.36 x 0.83″) and weighs 152 g (0.34 lb / 5.36 oz) (including batteries).
Below you can see the front view size comparison of Panasonic ZS3 and Olympus VH-515. Panasonic ZS3 has the same height with Olympus VH-515. On the other hand, with a width of 103mm, it is 1 wider and also with a thickness of 33mm, it is 12mm thicker than Olympus VH-515.
Comparison image of Panasonic ZS3 and Olympus VH-515 Size, Weight and External Dimensions - Front View
Here is the back view size comparison of Panasonic ZS3 and Olympus VH-515.
Comparison image of Panasonic ZS3 and Olympus VH-515 Size and Weight - Back View
Now lets look at the top view comparison of Panasonic ZS3 and Olympus VH-515.
Top View Comparison image of Panasonic ZS3 and Olympus VH-515 Size
Weight is another important factor especially when deciding on a camera that you want to carry with you all day.
Olympus VH-515 is significantly lighter (77g ) than the Panasonic ZS3 which may become a big advantage especially on long walking trips.
Weather Sealing
Unfortunately neither Panasonic Lumix DMC-ZS3 (Lumix DMC-TZ7) nor Olympus VH-515 provides any type of weather sealing in their body, so you have to give extra care especially when you are shooting outdoors. If weather sealing is a must-have feature for you, check these sections: Top Compact Cameras with Weather Sealing
LCD Screen Size and Features
Panasonic ZS3 and Olympus VH-515's LCD screens has the same diagonal size of 3".
Unfortunately, both cameras has fixed screens so they don't tilt or flip in directions.