Originally posted by Clavius Anvh, some people value the experience of looking through the OVF very highly. They use their cameras as binoculars. The fact that there's a camera attached to their VF is secondary to them.
Sarcasm FAIL.
You are wrong in saying that a viewfinder has to "mimic the output of the camera as closely as possible" (not that an EVF can actually do that). It doesn't. It can't. It shouldn't. There are only 2 functions a viewfinder MUST implement: composing and focusing.
It is wrong to assume:
- that you only want to see what the EVF is able to display (which is just a subset of what your camera can capture)
- that you should try to make the image you're seeing look as close as possible to the intended final, processed image,
while looking through the viewfinder; and that you'll want to do it more or less every shot.
I'd say the opposite - a good reflex viewfinder is better than a mere LCD at focusing (without zooming in on the later, which generates composition issues). Of course, the LCD is better if you can take the time to zoom in.
Even the default one on my K-5 has markings which can be used as compositional aids, if buying a specific one is not wanted.
Instead of a histogram you have the metering system's indication, which will do in all but the most critical works.
Zoom and peaking are necessary on EVFs, because they lack the ability to proper judge focus.