Hi Bradley,
You're right, of course, about wide angle. Between the forthcoming 9-18 and the current Panny 7-14 the µ4/3 system is now well cared for in the wide angle arena.
This DPR preview gives some further tantalizing details.
http://www.dpreview.com/previews/olympusepl1/
We keep noting "smallest, lightest interchangable lens digicam" with each successive µ4/3 generation. The E-LP1 would seem to be close to the limit for shrinking the format (although it's a whopping 13g more than the GF1). My only "concern" on first glance is the lack of a control wheel. I'll be curious how easily it accommodates rapid exposure compensation, ISO adjustments, shutter speed/aperture adjustments and the like. It looks like you have to press a mode button then the direction buttons to change parameters. Not as speed-friendly as a dial.
The onboard flash and the ability to take the accessory EVF really completes the package.
Cheers,
Rick