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^^ I'm curious what lenses you used on the E-M5, as generally this is regarded as the strongest point for m4/3. I know the Fuji lenses are pretty good, but the m4/3 lenses are excellent in many circumstances, especially the Panny f/2.8 zooms, the PL 25/1.4 and the recent Oly primes.
I've owned pretty much darn near every lens made for m4/3 over the years, save for the very newest ones like the 75mm 1.8, Panny's new f2.8 zooms and such. My favorites were the Oly 12 and 45, and the Panny 25mm f1.4. I do rather like the 7-14 as well, but much like my Nikon 14-24, it saw limited use, was a pain with filters etc.
Anyways though, while some m4/3 glass is uber compact, like the 45mm f1.8, only real point I was trying to make, and perhaps not very clearly, was simply that some m4/3 glass can be relatively large as well.
EM-5 sans grip, with Panny 14 or 20 is quite an easy jacket pocket camera, throw the 25mm f1.4 (which I think is the better lens) on though, and you've lost that compact nature, again, relatively speaking.
Its the same with the Fuji though. The 35mm f1.4 is an amazing lens for the money, but its kind of big, again relative to the camera size. I much prefered the handling of the 18mm f2.0 for example on that camera, just as I like the handling of the smaller glass on m4/3. I just usually seem to like the performance of the larger glass