In some respects it looks like the Pen F, in others it looks like the E. If the smoke comes out of my F, I'd surely consider one being I already have the ecosystem. For me the pen is the ideal travel and hiking camera.
They did improve focusing by adding phase detection and even AI tracking! It's also IPX1 water resistant. Its like a 5 with a few firmware updates. Cost between the pen and 5 is the same for all intents and purposes.
I still would have liked to see an updated sensor in some meaningful way. It doesn't even need to be higher MP. It's a decade old now.