Alan has already given you some good info. The major factor is not the lens (which in my limited usage has no negatives to speak of) but in the fact that you are shooting micro four thirds. So, you have the 2x crop factor with its various plusses and minuses compared to FF. The 150-400 on the OM-1 is probably pretty comparable to the R7 with the RF 100-500. (I have no Canon big white primes, so can't compare to any of them.) Both are giving you the effective reach of 800mm. Both are excellent lenses. The R7 and RF100-500 is lighter and the lens smaller when retracted. R7 is a higher MP sensor. Those are plusses for the Canon system. The 150-400 lens has a built in TC (but only 1.25x). It is a constant f/4.5. It has customizable buttons on the lens compared to the RF100-500, which does not. It also has a button to preset a focus distance. For those that think it matters, it is an internal zoom. The OM-1 has the ability to set multiple AF limits in-camera (a big plus in my experience). OM-1 also has a stacked sensor, so little or no rolling shutter. Those are the advantages in my opinion of the OM-1 plus 150-400. The lens is a bit heavier than the RF100-400, but seems well balanced so I do not find it as big a deal as I thought i would. Obviously, my comparisons are with the R7, and, of course, things are a bit different with the R5.Just put $100 down on the lens. Could some of the canon guys or even yourself tell me the negatives of this lens. I’d be shooting non canon for the first time in my life so there is that. How does it compare to a “big white” not factoring in stuff like weight and size
I have been shooting with both Olympus (now OM System) and Canon for many years, so equally familiar with both. For those shooting Canon only, it's hard to say how much of a learning curve is necessary when using the OM system.
Obviously, I would recommend renting the camera and lens to anyone interested in the Olympus camera and lens. Perhaps more than once, to really get to know how it works for you.
EDIT: Just want to add for anyone interested in the Olympus/OM System offerings, that there is a cheaper, smaller and lighter lens that may be of interest, and that is the 300mm f/4 prime. Very sharp, and works well with the Olympus teleconverters. New, it around $3,000, but used copies are available for $1800 or less.
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