This is the new Olympus E-420 and 14-42mm Kit Lens on tripod with Polarizer and one ND filter. Notice in the upper right you can see the filter holder. You do not see the filter holder in the optical viewfinder. You must remember to zoom out a mm to 15mm (instead of the min 14mm) in order to not to see the filter holder (this does NOT happen on the older 14-45mm Kit lens). As you can see, this one is much better than previous attempts to use Polar + ND filters. It sems you must increase exposure a BUNCH to compensate for the filtration which appears to trick the meter. This one is at +1.3 stops!! Once you add the exposure, color balance comes back to a more natural color. It's still "too amber". "Amber" is one of the new WB adjustments on the E-420. I have set the "Amber" to -2 globally. Without filters, this works pretty well for outdoor AUTO WB shots. Looks like _with_ filters, "Amber" can be set to -3 or even -4...