So I just acquired a EOS M over weekend, of course it showed up AFTER returning home from the trip that justified the purchase! Grrr. Anyway, I've been dying to get my hands on this camera for sometime now. I've been shooting for about 8 years now and always wanted an alternative to lugging around L-Glass and a Full Size DSLR Body. I was waiting to see what Canon was going to do with the next version of the M before I bought one, unfortunately my patience expired. I am still within the 30-days to return the camera, so I've turned to CR for advice. I understand everything is speculation at this point, but from those of you who own this camera, should I hang on to it? Will the update be that significant?
I am thrilled about the images it produces and how easy it is to use. It is just lacking a few things, like a viewfinder. I found myself bring the camera up to my face a few times.
Bottom line; to keep or not to keep and restart my patience clock.
Keep. You seem happy with it. The new M could be several months away and then when it does come out it'll be more expensive than the current one. You'll get used to the "bringing the camera up to your eye" thing after about a week. I think a VF would just make the shape an size of the M strange. It's got the whole compact thing going for it, I like that people think it's just a P&S as it attracts less attention.
Use the current M as much as you can now and if the new one appears make your decision then (when you can use hard facts and specs to decide rather than speculation and BS). If you decide to upgrade just sell the old one. Overall you won't lose much but you'll have gained more in terms of pictures taken and experience with a mirrorless camera.