Why is it that people never seem to get that retailers are not Canon and an individual retailers pricing decision often occurs independent of Canon (or any other manufacturer). http://en.wikipedia.org/wiki/Post_hoc_ergo_propter_hoc
Fact: Canon is not offering the EOS M for $299.
Fact: There is no rebate currently offered for the EOS-M, which means no enforcement of minimum advertised pricing.
Fact: B&H offered the camera for $299.
Fact: We don't know why B&H made this offer.
Fact: Adorama and Amazon are major competitors with B&H.
Fact: Adorama and Amazon matched B&H's price.
Fact: We don't know why Adorama and Amazon matched B&H's price, but we can speculate it has something to do with the competitive marketplace.
Fact: Eventually, the EOS-M will be replaced.
Assuming any relationship between the last fact and all those preceding, without correcting for all of the other variables, is simply sloppy reasoning.