I was thinking of getting the E-PL3 because of its size. What's tragic about the E-PL3 however is that it is not possible to use the flash and the EVF together. Another advantage the EP3 has over the E-PL3 is the much higher resolution (614,000 vs 460,000 pixels) of the OLED panel.
I really like the silver colour of the EP3. To me this is the only camera (in silver) in the market that comes close to matching the Fuji X100 in retro coolness. I was still of 2 minds as to whether to get it or not and so I decided to let fate decide for me. I told myself that if I go to my regular dealer today and they still have a silver set available, then I will buy the EP3. Chances were not high as the silver sets are the most popular and have the least stock available.
Well, to cut a long story short, Parisilk against all odds did have 1 silver set left and I was destined to own an EP3.