I agree.
Canon Rumors says it doesn't care about the M system because Canon doesn't seem to care. Well, on the other hand when you look at the messages on this forum it looks like the M system generates a lot of interest. A good proportion of CR readers do care about the M system. And the sales prove it as well.
If every single media only talks about what they think Canon cares about, well, then it's a closed loop and it will be hard for Canon to know what their customers want ;-)
I looked at the M50 when I was at Best Buy a while back. It seemed like a really nice camera. I can't think of what I would use it for, so I've not considered buying one. When I travel, I use the G7X II. It fits in my pocket and takes good photos. When I'm driving somewhere to take pictures, I use my 6D2 and take appropriate lenses along. If I had the M50, I'd still take the G7X II on trips and still use the 6D2 otherwise.
Maybe if I were a hiker, I'd get the M50 (or some other M). I'm certainly not lugging my 100-400mm II very far on foot. But I rarely walk more than a mile or so in my neighborhood or in the woods behind it. I have just a couple of EF-S lenses, so that wouldn't be much of a factor, and the one decent one is the 10-22mm, which is not exactly svelte itself, so probably would be replaced by an M anyway, if there is a good alternative (or maybe even the smaller EF-S 10-18mm, which is supposed to be a pretty good lens). Well, that is some GAS sneaking up on me, in that now I'm planning what lenses I would buy to go along with the M camera I'm not going to buy.
And for the most part, I don't shoot many pictures here in NC this time of year. Today is lovely, but I don't have enough time to get out and around much today. Otherwise, when it is 95º, I'm not motivated enough to brave the heat. Fall and spring are gorgeous here, and the weather can be very pleasant well into November, so that is when I do most of my non-travel photography.