It all depends on YOUR requirements. Lots of working photographers are doing fine using 6MP DSLRs and making 11x14 prints w/o problems. In any case, a 10MP camera from Leica would be incredibly expensive. The Canon 1Ds (11.1MP) currently sells for around USD$7000-8000. For that much, I'd rather stay with film or accept a lower resolution. I rarely make 8x10s, let alone 11x14s. The more pressing question is the crop factor and increased DoF common to digital sensors smaller than 35mm film format. That might be a greater issue than the resolution. But at the price savings of a lower res. camera, you could easily buy a wider lens, although the DoF issue would remain.
BTW, pixel count isn't everything. You can buy prosumer grade digital cameras like the Minolta A2, Sony 828 and Canon Pro-1 which have 8MP sensors. However, because they are small sensors (smaller than the APS-size sensors found in the less expensive digital SLRs), they have signal noise problems when you shoot at higher ISOs. And by high, I mean 400ISO and up. A good number of digital sensors also exhibit purple fringing under certain conditions. From what I've read (no personal experience), the 5MP sensors are less prone to the noise that 8MP sensors are, simply because they are less densely packed onto the chip.
The best thing to do when buying a digital camera is to bring the appropriate media card with you to the store, and try out the cameras by writing to your card. Then view the results at home.
Lars:
I agree with your note above that pixel count is not everything. I certainly would not require 10 megapixel, I am using 4 and 6.3 currently and that is plenty for my needs. What I thought was interesting about Leica's comments, was that in order to get that "Leica glass quality" that is so legendary, they are looking at 10 megapixels at least for the m digital body. Will be interesting to see what happens between the Cosina Epson venture and finally Leica's kick at the cat when they brings theirs out and then compare quality between both bodies with Leica glass!