I just came across this on a different site. My EF-M 22mm is one of my favorite and most used lenses. This photo looks legit to me (although it might just be a mock up), but I still don't think I would get it. Even with the introduction of the R mount APS-C, I will probably be keeping my M50 unless they come out with an actual compact R body to replace the M bodies. While I seem to be one of the few who believed APS-C R was imminent AND that APS-C M still potentially had a place in the lineup, the replacement of EF-M lenses with RF-S equivalents has me wondering if they will actually be fully phasing out M afterall.
But as it stands, the R7 (or even R10) is not compact enough for me to want to get rid of my M50 just yet. They are different cameras that serve different purposes. But I am excited at the prospect of more pancake, walk-around lenses.