The FE-230 features a 3x optical Olympus zoom lens with a 38mm - 114mm (35mm equivalent) focal length and a maximum aperture of f3.1-f/5.9. This is an all-glass lens constructed of 6 lenses in 5 groups.

When powered down the lens retract inside of the body and is protected by an automatic lens barrier.

The contrast detection autofocus system has a range of:

Normal: (Wide) 23.6" (0.6m) – infinity; (Tele) 39.4" (1.0m) – infinity
Macro Mode: (Wide) 3.9" (0.1m) – infinity; (Tele) 23.6” (0.6m) – infinity
Super Macro Mode: 2.0" (0.05m) – infinity

The built-in speedlight has modes for: Auto, Red-Eye Reduction, Fill-In, and Off. The maximum working range is:

Wide: 0.33 ft. (0.1m) – 12.8 ft. (3.9m)
Tele: 2.0 ft. (0.6m) – 6.6 ft. (2.0m) .

Controls on the back: At the top is the red camera button for Record mode and the green arrow button for Playback mode. The Mode Dial has positions for: Auto, Movie, GUIDE, SCeNe, Night portrait, Landscape, Portrait, and Blur reduction mode (uses Digital Image Stabilization.) The 4-way controller is for navigating menus, changing settings and selecting playback images. Press "up" to adjust Exposure compensation or set DPOF settings in Playback mode, press "left" for macro focus, press "down" for the self-timer and press "right" to change flash modes. The MENU button calls up and dismisses the menu system, pressing the OK button in the center of the 4way accepts selections. The Delete button is used to erase images in playback mode.

Located on top is the Power button, and the Shutter release with the Zoom lens controls mounted around it. They also serve as the Magnify and Index options in playback mode.

On the right side are the I/O ports: The Multi-terminal handles USB 2.0 (full speed, not high speed) data as well as Audio/Video output (NTSC/PAL selectable.)

The FE-230 stores its data on approx. 20MB of internal memory or on an optional xD-Picture Card. xD cards are currently available up to 2GB in capacity.

Approx. Still Image Capacity

Approx. Movie Capacity

The FE-230 is powered by a LI-42B 3.7v 740mAh Li-ion battery pack. Olympus does not specify the battery runtime. The included AC charger lets you charge one battery while using another, to charge a fully depleted pack takes approx. 120 minutes. Lithium battery packs can be charged or "topped off" at any time without shortening the service life of the battery.