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This lens does not magnify the image but shortens the minimum focusing distance. I purchased it for about $30, so I had modest expectations. Since it fits with the 14-40 version 2 and 40-150 Version 2 lenses, it's convenient. Probably not for serious macro work; more of a convenience. The lens fits onto the bayonet system for both lenses and filters need to be removed to do so; at least on the 40-150.
Verified purchase: Yes | Condition: Pre-owned
I bought the MCON-P1 as an affordable accessory to give macro capability to my two Olympus kit lenses (14-42mm 1:3.5-5.6 II, and M.ZUIKO DIGITAL ED 40-150mm 1:4.0-5.6). Attaches to the bayonet front of both lenses. It includes a separate adapter to accommodate the smaller 14-42mm lens, as well as front and back covers for safe storage. The body is plastic, but solid and light. No provision to attach a filter at the front. Although the stock 14-42mm lens already does macro, MCON-P1 allows it to focus closer (to 14mm). I personally feel MCON-P1 is more effective with the 40-150mm lens, because it allows shooting macro at 300mm, this makes it much easier to take nature shots. Image quality seems quite good, delivering sharp edges within the narrow macro range of focus.
If you are going to buy a converter macro lens then buy an achromatic lens with the appropriate size threads to fit on your lens. There are two low cost options that are just a few bucks more than the MCON P01 ... the Raynox 150 and the Marumi achromat close up lenses. They are far superior to this offering from Olympus. For a single element close up lens the olympus is OK but not stellar by any means. YOU WANT SHARP WITH LITTLE OR NO ABERRATION ... Spend a few extra bucks.
This converter is even better than I thought it would be.
Verified purchase: Yes | Condition: Pre-owned