I think the new model E420 is better than E410 which the new model will give D40x a stiff fight. of course the E510 is better than these two models but costs more.
Considering both are small and compact, I would go for the E-410/E-420 for the compactness. It just looks so good with a pancake lens especially you can put it into any bags without much protruding problems.
it depends on what you want. all in one lens has its purposes. entry level cameras has its purposes. how much are you willing to give up to be happy and take the shots you want? will lugging around many lenses and a heavy camera make your day? will taking a light combo make you happier? only you can decide for yourself.
I think the new model E420 is better than E410 which the new model will give D40x a stiff fight. of course the E510 is better than these two models but costs more.
Without the built-in Image stabilization, E420 is still not appealing to those who eyeing the Nikon, my thought though. Ya, E510 is in a better position.
yea... i think E510 is in a btr position to differentiate from Nikon D40x. Moreover it costs $160 more than E410 as wat it shows in Alanphoto site. (might expect a slight drop or more freebies becuz E520 has juz recently be announced) IS might not be tat useful for low light shooting but it definitely helps in 1 & another way. + the SSWD which is very well a useful feature for user like me who hate frequent cleaning. But I dun wan to promote Olympus becuz I am an user of tat. So it's still up to u..!! haa