I bought the kit with 22 pancake lens on that cheap sale a while back (same time many of you got yours I am sure). I use it for my point and shoot because I was unhappy with the quality of the smaller sensor point and shoot I had before. It is ideal for this purpose - even fits in the pocket of my cargo shorts (after replacing the thick center pinch lens cap with a thinner conventional cap).
Here is a recent example from the Ansel Adams Gallery in Yosemite. When I travel I like shots like this for my photo album. I asked the desk staff if I could take a wide angle photo of the gallery, since galleries don't allow photos of the artwork. This is understandable because they do not want people taking closeups and making their own copies. Since it was a wide angle view the lady said it was fine and she thanked me for asking.
Not much movement on this thread - no love for the M? As stated earlier I use it strictly as a point and shoot camera with the small 22 pancake lens (I will not buy additional lenses).
Last night I led a night photography workshop for a local camera club and threw it in my jacket pocket just for snapshots of the group (to post on my photography FB page, etc). This is unadjusted JPEG, except for downsizing and watermark.
@ PCM-Madison: Great stuff. In case you are not aware, there is also a thread for infrared: http://www.canonrumors.com/forum/index.php?topic=26230.0
(It says black and white infrared but people have been posting color IR as well).
Got my M5 yesterday and took it out this morning to test with an EF-S 55-250mm + adapter. A robin jumped in front and below me and I snapped him at 135mm, 1/250s iso 1600 f/5 RAW in fully automatic mode. It focussed on his eye immediately and I got off 1 shot. The rest of the bird is beyond the depth of field. (It's only the 32nd shot with the camera.)
Just got the 11-22mm for the M5. This is light years ahead of the old 10-22mm on my 7D!
The optical quality is really good with no real corner or edge surprises. The focusing is quiet, fast and spot on.
I was very pleased at the 11mm wide open quality.