I received mine yesterday and have only started playing with it. Initial impressions are very positive althought I will say, it's size is awkward. The body itself is slightly larger than my P&S, which is almost too small (I wish the body had an extra 1/2 to 1" here or there). But then the lens protudes enough that this has no chance of being "pocketable"...yet it is so small and light, it is very easy to carry. I have a feeling I'll be happy once I settle in on a bag to carry it in. Optically, it is very similar to the 7D with the EFS 15-85, which, in my mind is a huge compliment for such a small camera.

That said, the real reason I am posting is I had to laugh. Included with the paperwork was a well orchastrated marketing brochure entitled "Enjoy the EOS World." The last page has a picture of the EOS-M and 5DIII and the heading "Your EOS adventure starts with the EOS-M."

Like I said, I had to laugh. If anyone was questioning that Canon views the EOS-M as a gateway camera, this answered that question for me....