Lens - Olympus 45mm f/1.8 ED M.Zuiko
I am replacing my Pany 45-175 with this lens. I know both of different leagues, but even at pixel level this is so sharp, I better get objects (focused) cropped out of the image, besides I also got 100-300mm Pany.

+ Very light weight
+ Sharp, Sharper ... Sharpest
+ No noticable CA, VA, distortion
+ Price

- None (some may consider build slightly plasticy, but that makes it light and cheap too)
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