Upload & Sell: Off
What feeble features? Its a 650d in a mini box. Yes the AF isnt the best but thats its only real issue.
First, let me state that I do not believe any modern interchangeable lens camera to be a bad performer in terms of image quality. Right now, to me, all the compact mirrorless bodies are fungible. With zero loyalties to tie me to anything, I appreciate features and ability to re-use some of my EF lenses.
In an absolute performance sense, when evaluated by itself, the EOS M is likely a fine camera. The problem is that it does not live in a vacuum, it can be compared against current mirrorless bodies and older mirrorless bodies. In my opinion, it does not stack up well against older bodies, let alone current bodies.
If we leave other brand mirrorless bodies out of the comparison and just compare the Sony mirrorless bodies (since the Metabones adapter allows AF with EF lenses and the Canon adapter allows AF with EF lenses), here is how the 2012 $850 EOS M compares (for me).
Using for the basis of comparison, the 2010 bodies (NEX 3, NEX 5):
-the EOS M is missing an articulating screen
-the EOS M has no possibility of a viewfinder (NEX 3 does not have one either)
-the EOS M has no focus peaking if I want to MF
-the EOS M has higher resolution
-the EOS M does not do 1080@60fps (NEX 3 does not do this either)
The 2012 EOS M is not matching the 2010 NEX bodies in some features that I would care about. The same issues stand out when compared with the 2011 NEX bodies and the 2012 NEX bodies. Why pay $850 for an EOS M when a used NEX 5 can likely be had for less than a quarter of the price, and will also be better?
Overall, for me, functionality-wise, I would slot the EOS M between the NEX "3" series and the NEX "5" series. Today, you could get at B&H:
$1150 NEX 7 with 18-55
$900 NEX 6 with 16-50
$850 EOS M with 18-55
$650 NEX 5R with 18-55
$500 NEX 3N with 16-50
In this context, the EOS M is grossly overpriced at $850, and thus, "feeble" for its price point. At $500ish, it would be competitive at its price point - not a world beater, just one more in a crowd. The Newegg sale price of $550 slots it price-wise just between the 5R and the 3N, pretty much where I think it should sit. I'd still reject it because of the no viewfinder thing, but that is just me.