I have used a couple of small sensor cameras for my point and shoot but never really satisfied (even just for snapshots). When the Canon M with pancake lens went on that incredible sale a year or more ago, I grabbed one. I like the quality and size but hate the lack of viewfinder, a problem with many point and shoot cameras. I was recently looking at the options available and if I had the money I would grab a Fuji X100S right now. It has APS-C sensor, which is good enough for a point and shoot. Full frame would be even nicer (I have only used full frame in SLR's), but several thousand dollars for a point and shoot camera is ridiculous.
When it came out I jumped on the Canon G1X MII as a "sneak into the concert" camera. Nope. Too big, bulky & noticeable. Not only that, coming from 5D3 & 1DX land I've never adjusted to the point and shoot way of shooting. I HATE not having a viewfinder. I just don't get the touch screen mentality . . .
Sounds like you need a G5X
What I need is to find a home for the G1X MII. Someone who will appreciate what a good camera it is for the right user, which BTW, isn't me.
I'll lug my 1DX around till I drop.
1DX, 5D3, 400 5.6 L, 135 L, 70-200 L, Sigma 50 1.4 Art, Sigma 24 1.4 Art, 40 mm pancake.