LCD and Viewfinder
Olympus E-500 has a Fixed Type 2.5″ LCD screen with a resolution of 215k dots. At only 2.5″, the screen is on the smaller side and 215kdot resolution is lower than most of the recent models in this class.
E-500 has a built-in Optical (pentaprism) viewfinder. The viewfinder has a coverage of 95% and a magnification ratio of 0.45x. 95% coverage means that what you see in your viewfinder while shooting will slightly be different from the actual image.
Max Shutter speed
Olympus E-500 can shoot continuously at max speed of 3 fps and has max shutter speed of 1/4000 sec.
E-500 has a built-in flash, and it also has a flash shoe to mount your external flashes too.
Olympus E-500 features a Phase Detection autofocusing system. The AF system has 3 points to choose from.
Unfortunately Olympus E-500 doesn't have Video recording ability.
Connectivity and Storage
Olympus E-500 has a USB 2.0 (480 Mbit/sec) port to connect your camera to other devices.
Olympus E-500 Features Compared to Main Competitors
Current Lowest price for Olympus E-500 is $599.99