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Glad I'm not the only one. This seems exactly backwards to me--a "compact" "point-and-shoot" that is both larger and has more manual controls than a MILC (mirrorless interchangeable lens camera). Further, the compact point-and-shoot has a view finder and a vari-angle LCD, both of which the MILC lacks.

Seems to me that an EOS M body with a G1 X sensor and lens would make a good step up from an S100. (Personally, if such a camera had existed, I would've bought it instead of the Sony RX100.) And a G1 X body with an EOS M (APS-C) sensor and lens mount would make a good competitor to, say, an Olympus E-M5.

Further, if -- and yes, this is a big "if" -- Canon continues to rely primarily on their EF lenses (read: they only release as many EOS M lenses as there are EF-S lenses), the small EOS M body will lose much of its size advantage (just like the NEX cameras do when you put a big lens on them) so you might as well go with a slightly larger body anyway. (To use myself as an example again, this is why I bought the RX100 instead of a Panasonic GX1 (which is roughly the size of the EOS M), despite owning a Panasonic GH2 and a bunch of m4/3 glass--i.e. the GX1 is only pocketable with a few select lenses. (Granted, one of which is the 20mm f1.7 which is very similar to the Canon 22mm f2 pancake.) Anything larger and I might as well carry the GH2.)

Also, as pictured in previous posts in this thread (granted, facetiously, but still), having an external flash isn't going to help much once you mount a sufficiently large EF lens in front of it.

Mark

P.S. re: "I think it will serve well as a lens cap." -- wow, you can afford $1,000 for a lens cap?

Well - maybe a EOS G (like the Powershot G) might come with the controls we are used from a Powershot G camera.

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Canon EOS 500D + Canon EOS 5D Mark III
Canon EF 24-105mm 4L IS USM + EF 100-400mm 4.5-5.6L IS USM + EF 100mm 2.8L Macro IS USM + Sigma 12-24mm 4.5-5.6 EX DG HSM + Canon Speedlite 580 EX II + Nissin Speedlite Di 466

Press is talking about cameras trying to compete with cell phones. EOS M has a cell phone like man machine interface, uses all your canon glass and, is smaller (in two out of three dimensions) than my wife's htc sensation cellphone. I like the C size sensor. For my money though, Fuji's new C size is the one to buy in a (some day) small package.

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Photo Taker for ~30 years.
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I remember wishing the G1 X had a compact fixed-focal-length lens, and said as much in a post here. Now, I look at the M, and look at the G1 X, and wish for a hybrid of the two! If the M pancake lens could be grafted into the G1X body, and have a hot shoe that could use the EX series of flashguns, that would get my attention!

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Canon 7D/5D/40D/1D2N; Nikon F6, FM3A, & Coolpix A; Canon 40mm Pancake, 135L, 50L, 35L, pre-II 50mm 1.8, 100mm 2.8L Macro, 10-22mm EF-S, 28-135 EF, 400mm 5.6L; Nikkor 50mm 1.2 AI-S, 50mm 1.4G, 50mm 1.8D, 16mm 2.8D Fisheye, 180mm 2.8D, 100-300mm 5.6 AI-S; Tokina 17mm & 100mm 2.8 Macro

As a frequent traveler, I am very interested in picking up this camera. I shoot with a Canon SLR and even though it takes great pictures, i find the need for something more compact, light and less obvious.

I've owned and shot with both the canon s90 and panasonic LX5 point and shoots in the past and they were great to always have around but the image quality never came close to an SLR... and since they released information on the EOS-M I am seriously on the fence.

To me it competes a little with the Fuji X100 which seemed like the solution for me at the time (but an expensive one). Also it competes with the NEX... but the NEX at the moment doesn't have any lenses I want.

The EOS-M comes with a pancake 22mm f/2.0 (35mm equiv) lens for $799 USD which I thought was actually a pretty good intro price. Anyone else feel like the EOS-M package is an awesome deal?

I'd have to agree with it lacking the tilt LCD... but could care less about EVF.

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Canon EOS 60D
Canon EF-S 17-55mm f/2.8 IS
Canon EF 8-15mm f/4L fisheye, 35mm f/1.4L, 50mm f/1.8 II, 100mm f/2.8L IS macro, 135mm f/2L
Voigtländer Ultron 40mm F/2 SL II (EOS)
Canon Speedlite 430EX + 580EX II

I think its great, could easily see myself buying one. I like the compatibility to the existing canon lenses.
But I would wait for version two or three, I am happy to wait for the technology to mature a bit and see where it heads.

Wonder what this will do for the G1 X sales?

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Canon Powershot S95, Canon 7D, 15-85, Canon 85 1.8 USM, Sigma 30 1.4, 50mm 1.8, Canon 100 2.8L IS Macro, Canon 70-300L IS USM+Kenko 1.4 Pro 300DGX, Canon 430EX II and RS 4 Classic

Whether it's an "awesome deal" or not depends on your expectations.

Too many compromises have been made for me to consider it an option. In a similar vein to maxjj, I hope the second or third-generation model will be more competitively priced and feature rich.

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Bodies: Canon EOS 550D w/ Magic Lantern
Lenses: Tokina AT-X 116 Pro DX f/2.8, Canon EF-S 15-85mm f/3.5-5.6 IS USM, Canon EF-S 18-55mm f/3.5-5.6 IS, Canon EF 50mm f/1.8 II, Canon EF 70-300mm f/4-5.6 IS USM
Accessories: YongNuo Speedlite YN-468 Flash, Neewer Macro LED Ring Light, Meike Battery Grip, YongNuo RF-602 Wireless Flash Trigger & Receiver YongNuo WR-128 Wireless Remote Control

The 22 pancake option looks pretty cool. But beyond that, I'd rather stick my EF/EF-s lenses on my 50D. The lack of the optical viewfinder would swing me to the G1 X.

Well... after comparing the price to the Sony NEX-C3 or the Olympus Pen E-P(L)-3... no. It's at least 30% too expensive. It's even more expensive than the 650D, which is the more complex and more capable camera.

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Canon EOS 500D + Canon EOS 5D Mark III
Canon EF 24-105mm 4L IS USM + EF 100-400mm 4.5-5.6L IS USM + EF 100mm 2.8L Macro IS USM + Sigma 12-24mm 4.5-5.6 EX DG HSM + Canon Speedlite 580 EX II + Nissin Speedlite Di 466

I agree with this... but having a camera half the size and ships with a 22mm f/2 prime lens vs. the typical kit lens is just amazing value to me

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Canon EOS 60D
Canon EF-S 17-55mm f/2.8 IS
Canon EF 8-15mm f/4L fisheye, 35mm f/1.4L, 50mm f/1.8 II, 100mm f/2.8L IS macro, 135mm f/2L
Voigtländer Ultron 40mm F/2 SL II (EOS)
Canon Speedlite 430EX + 580EX II

I don't know why, but I had convinced myself Canon were going to put out something to match or at least compete with the Fuji X PRO 1. Now I'm not sorry I bought the Fuji X PRO 1. The EOS M isn't the camera for me.

TOM.

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CANON 5D Mkll/40D/300D/Fuji X100/Fuji X PRO 1
Fuji XF 35mm f1.4
Fuji XF 60mm f2.4
EF 100mm f2.8L Macro IS
EF 100-400mm f4-5.6L IS
EF 70-200 mm f2.8 IS
EF 24-105mm f4L
EF-S 60mm macro.
Sigma 10-20mm.
2xCanon 430EX + 1x580EXll Speedlites.
Manfrotto 055PROB tripod with 322RC2 Ball Head. 498RC2 Ball Head

Hi everyone, Ken and I have started testing final production samples of the EOS M, and prior to our full review, you can find a selection of Canon EOS M sample images and Canon EOS M noise results.

I've also added two sample movies and some first impressions on handling in the main preview.

Gordon

I ordered Panasonic Lx7, but it is going back! Could not believe how much noise I get even with ISO 400!!

Sample page on EOS M looks much more attractive now that I've seen LX7 IQ.

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Olympus OM-D E-M5, Panasonic GF-3, Canon SX40HS

Panasonic Pancake 14mm f2.5, Panasonic Leica 25mm f1.4, Olympus Zuiko 75mm f1.8
Panasonic 14-42mm

I have learned the EOS M does indeed fit the EX series of flashguns, and the M can control the 580EX II, 430EX II, and 600EX-RT flashgun menus, and the ST-E3-RT menu, with its touch-screen LCD! Syl Arena has an article on his blog regarding this, and he also mentioned it at a presentation I attended this week. Unfortunately, he did not have an EOS M at the presentation.

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Canon 7D/5D/40D/1D2N; Nikon F6, FM3A, & Coolpix A; Canon 40mm Pancake, 135L, 50L, 35L, pre-II 50mm 1.8, 100mm 2.8L Macro, 10-22mm EF-S, 28-135 EF, 400mm 5.6L; Nikkor 50mm 1.2 AI-S, 50mm 1.4G, 50mm 1.8D, 16mm 2.8D Fisheye, 180mm 2.8D, 100-300mm 5.6 AI-S; Tokina 17mm & 100mm 2.8 Macro

Hi everyone, Ken and I have finished our in-depth Canon EOS M review !