Yep. I'm seeing chatter of this being a 'Baby EOS-M'. Yikes. Downmarket it is.
That's where the bulk of the sales are, especially when it comes to cameras which are built from the ground up to be smaller than SLR's. Small, light and cheap. I wouldn't be surprised to see this become a huge success within Japan, and do well in many other markets too.
The M3 has been out for a while now, but in Japan the M2 is selling better than the M3...and the M2 is smaller, lighter, and cheaper. What does that tell Canon?
My M2 is a bit smaller and a bit lighter than my M1.
My M2 focuses just a bit faster than my M1. Actually, sometimes more than a bit faster.
The M2's wifi and the iOS app to work with it are special.
Sometimes I laugh out loud (while groaning, if that makes any sense) at what I read on this forum about Canon's mirrorless efforts.
Different strokes for different folks (I guess).
I think I will sit out the M3 and wait for an M with dSLR focusing speed.
Until then, my Ms, with the 11-22mm wide-angle zoom, and 22mm pancake lenses...serve my needs quite nicely, thank you (in terms of people-oriented around-the-house and vacation photos). It is amazing how tiny they are...
Anything requiring telephoto focal lengths and precise focusing...and its back to the 5DM3...