The E-M1 offers similar options to the E-M5 on its mode dial, but gains the Photo Story feature we saw on the E-P5.
Any of the positions on the mode dial can be over-written with a user-defined 'Myset' preset, if you would like quick access to your preferred settings.
Finally, note the locking toggle in the center, which gives the option to either lock the mode dial or leave it free-spinning.