Bought a refurb 70-200 IS II few weeks back. Was my first refurb purchase from Canon store. The lens is practically new, functions flawlessly. Happy with my purchase so far!
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The EOS-M is a tremendous value and meets most of your criteria except for an optical viewfinder. I picked up an M kit with 22/2 lens in the recent B&H $299 sale and am very happy with it. The IQ is even better than I expected and its low light/high ISO performance is very good. I took some ISO3200 shots at a outdoor party over the weekend when it was really dark - I didn't really expect them to be worth using, but with some noise reduction in LR4, they turned out pretty nice.
The RX1, Sony NEX system and Fuji X100s are all terrific options as well, with advantages over the EOS-M, but all cost 3-9 times as much and won't use your Canon EF lenses!
Regarding optical viewfinders, I think the low-end OVF's on the G-series cameras are too small and dim for practical use. Once you are conditioned to a large, bright view finder of a decent DSLR, its hard to settle for an inferior one.
Sony RX 100
Thanks everyone!! The camera, flash and lens arrive on Monday. How am I going to make it through the weekend?! Alcohol??
Every lens I've purchased from them has been perfect, so I would ask them to replace it. The 70-200 is unique (among the ones I've ordered) in that it comes in a large brown box (vs the usual white one), sandwiched between a couple of large pieces of foam. The lens, hood, and tripod ring were together inside the lens case.
That's exactly how I received mine just this week. It also has "Canon" imprinted on the sides and a sticker that designates the lens model. To the OP, was the pilfer proof tape fully intact or did it look like the seal was broken? If that latter is the case, then it may have been damaged en route.
Just give them a call and set up a replacement. I'd say mine arrived in about 9.8/10 condition, but it is a superb copy and isn't worth replacing for that extra .2. However, the lens hood that came with it didn't lock quite as well as it should and there was a fairly noticeable scratch on the inside (not as big of an issue). So I called them up, told them about the defect, and within 10 minutes they were processing a replacement for the hood (that is, when it becomes available). In fact, I'd give them a call first thing tomorrow because the 70-200 is currently in stock and they should be able to send out a replacement right away. Their stock goes quickly!