Best sub £600 compact system

What zoom range are you looking for and would you be looking for a 'single lens' to cover it ?

Off the top of my head you could consider a Fuji X-E1 with the well regarded 18-55 2.8-4 with a free 50-230mm lens (4.5-6.7) as well. It's spot on with your budget though.
 
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