Olympus E-M5 still worth it?

Hi guys,

So i've been looking around for cameras, I've picked a few different ones up and just not been happy with them so i'm still on the lookout!

I need a camera for when I go on holiday next month to Rhodes, Greece. We are staying in a beautiful area not far from the old town so I want to make the most of the photo oppurtunities while I'm there.

Whatever I buy will also be used for other needs, for example doing portrait dance shots in a few weeks time, so I need it to perform admirably.

I've come across what I believe to be a decent price for a brand new Olympus E-M5 (the first one). It's a kit on Amazon that basically gives you:

E-M5 body

12-50mm lens

45mm f1.8 lens

HLD-6 battery grip.

All for a decent price of £550.

Effectively the body on it's own minus the cost of the lenses and grip (if I was to sell second hand) would only be around £300, if not less. Which seems a bargain right?

Bonus with the kit is I will want the 45mm anyway, the 12-50 is handy for it's weather sealing, and the grip is handy!

Any views wether the E-M5 is still worth it now over the competition at it's price point?