Price and value are huge dealbreakers. The T needs to be prices in line or slightly above the competition so sub $2000 body (check) and lenses in the $800-2500 price range and not much higher. My exact reaction (in my head) to the price of the 18-55 kit zoom was "F*** YOU!!!"
HI Tre
I've just found this thread, and I really sympathise with Tom's point of view
The lenses are really good - much better than the kit lenses of either Fuji or µ43 - and also much better than (for instance) the SZ 'kit lens' for the Sony A7. As Tom says - the interface is simple and with thought to the configuration it works really well.
A full frame camera with equivalent lenses is going to be MUCH bigger - there isn't a way around this - it's becoming increasingly clear when we see the sizes of the Sony Zoom lenses - and they aren't that great anyway. the 11-23 lens is really stunning - right up with the Olympus pro class zooms (but much smaller)
Actually, I don't believe that the T experiment is over - so I hope and believe that Tom will get is wish of a much faster body - like him I'd like to see weather sealing and a built in EVF - but I hope they keep the interface - it works, and when you get used to it it's surprisingly intuitive.
The PROBLEM with the T was that it's too damned slow - I really believe this to have been the only reason it wasn't embraced by photographers - the black out time with the EVF, the shot to shot times with the internal memory - the AF speed - THESE are the reasons it's been unpopular (incidentally, firmware improvements have helped with some of these issues, but it's still too slow).
It's noticeable that the Q has been welcomed with open arms, despite being fixed lens and much more expensive, partly perhaps because it's full frame, but quite honestly I think it's because it's a combination of decent IQ and excellent performance.
I reckon a T body with equivalent performance and a 24mp sensor would do really well . . . and this time the lenses do exist and the firmware is more mature.
Looking back through the images I've taken with it over the last couple of years . . . they hold up really well, and they really are nicer than the µ43 images.
Full Frame is all the rage at the moment (for obvious reasons) - but I'm not convinced it'll stay that way as sensor technology improves - For the size and weight of a Nikon D750 and a 28-70 f2.8 I can carry a complete T outfit . . .