Since you have been using a SLR for 30 years, it will be a walk in the park to switch to the e500.
You already understand exposure, the only thing you have to learn is that the ISO setting is the same as changing film speeds. But a lot easier, since you do not have to change a roll of film; just a setting.
You will love Aperture priority and Shutter priority.
You get to set the Aperture or Shutter and the camera sets the other for the perfect exposure.
The camera has loads of manual adjustments, but they are seldom needed. So just learn the ones you deem important and forget the rest.
You will be so satisfied you will bore your friends to death by telling them about the new camera.
Being able to do a few touch-ups with software is like working in a darkroom with an enlarger.
Here is what owners of the e500 has to say about it:
http://www.dpreview.com/reviews/read_opinions.asp?prodkey=oly_e500
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I've been shooting my (totally manual) Olympus OM-1 for 30 years, using mostly ISO 100 and a combo of the separate 50mm, 28mm, and 135 mm lenses. That's lots of travel pictures and I've done pretty good, and the OM-1 is still in very good shape. We are going on a Mediterranean cruise in June and the Olympus e500 looks pretty good, from the research I've done. Leaving my trusty OM-1 in favor of the e500 is scary, especially since its first major workout will be the trip. If I buy the e500 in March can I learn it by June? Will I be satisfied?

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