The lens is definitely not as good as the 12-32, albeit seems to be better than the 16-50PZ.
24mm equiv at f/6.3 (that is, not even wide open): particularly the upper left corner is pretty bad: http://www.dpreview.com/galleries/reviewsamples/photos/2952027/101_0062?inalbum=kodak-pixpro-s-1-preview-samples
After zooming in to 48mm, the corner / border sharpness gets better but they remain somewhat bad; see for example the entire left border of http://www.dpreview.com/galleries/reviewsamples/photos/2952025/101_0050?inalbum=kodak-pixpro-s-1-preview-samples . This is a F5.6 shot; that is, not even full wide open.
All in all, I don’t see much point in preferring it to the GM1 with the kit lens at the current, for the kit IQ, IMHO high price ($599 at amazon), unless you do need the tiltable (but, unlike with the GM1, non-touch) screen / hotshoe / additional reach.

Started out doing photography at the age of 6 using an uncle's old 1940 kodak brownie box camera. At 15 years of age, I decided to buy my very own 1975 Praktica SLR camera. I now shoot with a Nikon D850. I do unpaid TFP and commercial paid work.