I understand the insights given in Leica's policy, but even so, I'd love to have something Leica-like in handling with the advantages of size and speed of a m4/3. If Leica doesn't do it, maybe someone else will - both Olympus and Panasonic certainly could, and since the standard is open, someone entirley different actually might. Something very similar has happened already, really - because in a nutshell, the Fuji X100 is what the Leica X1 should have been; heck, had it been a Leica, people would have queued up to pay twice or three times the price the X100 was offered at. Still would, probably ...
It actually could happen again quite easily, but it would be even more of a shame, especially since other makers have managed to get there already. Take Olympus: They revived two of their own big successes in a very shrewd way, and it turned out amazingly well (if not entirely ideally - the only thing missing from the PEN series is the built-in viewfinder without inflating body size too much). I personally love both my little battered PM1 and my capable new M10 because they are not only highly functional cameras but also wonderful interpretations of a tried and trusted gestalt. Now, imagine someone like Leica with such a venerable tradition at their hands *not* doing it ... How can you miss out on an opportunity like that?
One could argue that they already do it to the fullest with the M - and that would be at least partially correct. But it's also true that they did expand their business "downwards" (which is actually an unfair slander - all their sources of technology provide very good products!). With someone like Panasonic as their existing partners, it would be only natural to exploit the opportunities. Just think about it - somthing like a GX7 (with a honed feature set - to appease internal policy makers at Solms) in a Leica made body with Leica controls, look and feel!? I'd be game, and I'd happily pay the premium. If
Fujifilm can do something almost like a Leica for $1200 or so, why can't Leica do a m4/3 body for $2400? They'd be bound to sell them quite well - at that price point, and with the kind of lenses that are available, such an option should be really, really appealing not only for Leica buffs, but for more regular photographers, especially enthusiasts.
M.