Paul, buy it! The new cams will be more expansive. I was thinking about this for months to add it to my 5DIII and 7D as a small back-up and always in the bag solution but it was too expansive. Now I got it in Austria for 390 euro including the 18-55 and the flash. That is really a bargain. I like it a lot. It is very well made. it makes fantastic pics (better than the 7D) and I have no problems with the focus in normal (not sport or wildlife) situations. It works very good with my EF collection from the 8-15 fisheye to the 500mm plus 1.4x. Buy it and be happy. Cheers
I have my old camcorder on ebay just now, if it sells I'll be straight to the EOS M shop! Current prices very good and I love the form of the camera with the pancake.