The Olympus OM-D is actually a pretty great compact....if you know how to use it. One of the photographers I follow, Ming Thein, uses it a lot as his second camera. This guy is an effin pro, but some of the shots he gets you think he was using a Leica. Here is his review:
http://blog.mingthein.com/2012/06/02/omd/
My brother has one too, and seems to like it a lot. Seems like a great travel camera. Half the time, SLRs are too big to travel with so you just leave them at home.