>>4269559Just going to add to my point;
Before COVID, I think the deck was still pretty favorable for M43. Your options for systems were big DSLR's or expensive mirrorless. The problem is, Mirrorless got cheap, lenses got cheaper in FF, third party lenses are common, first party catalogues now have low and high end pieces.
At the same time, for candid/street/wide-angle photography, smartphones really have caught up and despite what people here say, the output out of ProRaw or Samsung's Raws, etc is really good.
So you're stuck with this situation for m43 where every single APS-C/FF option outperforms it in at least some critical aspect (noise, image quality, megapixels, autofocus) and at the same time, the m43 manufacturers are scrambling up market to try and survive, meaning there's no comparative price advantage, in fact, there's just brutal depreciation.
Someone will say something about 'look at the GM1, G100, EM5.3/OM5' and I will just point out, those cameras are dogshit compared to any other option on the market. The A6700 and R7 are far better APS-C options. The Z5, R8 and A7R3 are all better FF options.
If Sony wasn't chasing global shutter, and had instead dropped an A7R with a 2x crop of about 20mp built in, this entire segment of cameras would cease to exist.
I'm not saying this because I hate m43, I'm saying this because people get lured in by cheap old bodies, start to amass a collection and by the time they get really serious about photography, they realize they've quietly spent a ton of money on a system that can't keep up with better options. If you want super telephoto just buy an RX10IV.