I think its a little bit funny that they're bundling Silver Efex Pro with this camera, seeing that its primarily B&W conversion software... And there's nothing to convert. Yeah, it can still do a lot with shots that come in as monochrome - add grain, burn and dodge, bump the structure, add toning and vignetting, and stuff, but so much of what's cool about SEP is being able to manipulate the color channels after the fact, which it obviously can't do with a monochrome file. I'm skeptical about this camera - if I was gonna spend this kind of money on a camera I think I'd still get an m9 and deal with the slightly reduced image quality and high ISO in exchange for being able to shoot both color and monochrome. But if you have the bucks, love shooting old style B&W (where you make the filtering decisions in the field with actual physical filters), and love rangefinders, I guess its the way to go. Awesome camera, no doubt.