I bought an Olympus E-P2 last week and I wanted to test out the video capabilities so I tortured my dogs for a little while. I didn't use any adjustment layers so the clips are just as they came out of the camera.
I also made a steady-cam from the design posted by Johnny Lee (littlegreatideas.com/stabilizer/diy/) and used it in this video. Works great.
The music is Guided By Voices "Bulldog Skin".