Art,
Actually, on the Olympus the 14-45 is equal to a 28-90mm in 35mm terms. It is the way their system was setup. Everyone elses lenses(Nikon, Pentax, Canon) work on a 1.5x basis but Olympus is a 2x.
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The Olympus kit, which includes:
The Olympus 14-45 and the Olympus 40-150 Olympus digital lenses. (includes the battery, charger, cables, CD and 1 year USA/World wide warranty), a 1 gig 52x speed CF card (lifetime warranty), digital camera care kit, 2 UV filters, USB 2.0 card reader and a Pro gadget bag is only $899.99 and then get a $100.00 after purchase rebate from Olympus.
It is a great camera and actually Olympus is the only digital SLR that was designed from the ground up as a digital camera. Pentax, Nikon & Canon converted existing 35mm cameras to digital cameras. Check out www.olympus.com and read up on it, you will be amazed at the technology.
If I can assist you further please feel free to contact me.
Thank you,
Doug
212-753-5128