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I sure that if Nikon/Canon/Sony/Fuji or Oly, came up with a FF body, that would accept M lenses, and worked without IQ compromise, there would be a massive following, and I know I would jump at the opportunity too. My hopes were on the Fuji X Pro, having pre ordered the system, but then cancelling the order once the real evaluations were coming in. I think the Fuji X Pro, is a great system, and hopefully with the next versions, the issues have been improved, and so is the NEX systems too.
The M 8/9 shortcomings have been well documented, and discussed and debated in full, yet it does not hinder, the many photogs taking tens of thousands of shots. For those for who the M system does not suit, they move on! Any one following the M thread, realise we all have our wish lists, hopefully sooner than later!!
I really don't understand, the prestige/luxury tag that is being associated with Leica. I personally love the system, as I can walk streets in Asia, in the back streets at night, and having the ability to take shots, and being relatively unobtrusive. For portraits, it disarms people, as it appears as a lowly "old" film cam, except for people who recognise the M9. Previously, I had the 5D II, with ZE lenses, and the image to people in streets, was that of a professional with the latest Canon gear, which most people did recognise. The weight and size of the Canon set up, was a killer too when travelling on planes, and walking many hours along the streets and temples. The weight and size factor is a huge consideration my part, but of course at a price, as I had injured my back, with horse training about 10 years ago, so reducing my bulk of my cam equipment in weight and size is a must.
Previous to digital, I used a Nikon film cams, and migrated to the Oly OM-4, for size and weight when travelling to remote areas. The form factor of the Oly OM-4, is in many ways similar to the M9 and was not as easily recognised, as a Nikon then. I know a lot of my friends did black out the the Nikon, to make it less obtrusive, including myself 
What has this to do with new "Leica New Products"? I applaud any camera manufacturer that is researching and developing new concepts and designs, even it appears out in left field, niched marketing, particularly in this economic environment The market will determine, very quickly if the M-M, is a brilliant concept or not, as a pre emptive step to the M10. It would seem the M10 will be announced at Photokina, even though the compact mirrorless interchangeable model is being delayed! Strategically, this may be smart move by Leica, as do not have competition for the M10 as a RF, but there may be many APS sized mirrorless interchangeable lens cams being presented at Photokina.
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