....which cameras w/optics at half the price of the M8 produces 'better pictures....?
2)
No camera system has such a wide range of 'excellent optics' as the Leica M system. Now that we all can click ourselves all the way to 100% in PS we are all optical experts with the tools to explore just this.
I disagree here. As I stated before, there are two premium lenses in the current Leica line-up, the 50f1.4 Asph and the 75/2 Summicron. The rest of the Leica line-up is either old technology or plain weird (Wate and the collapsible 90 Macro). The WATE is not optically bad, but I can buy a 15/4,5 Heliar, a 18f4 Distagon ZM and the 21/4,5 Biogon ZM for less tan 1/2 that price and each of these lenses are either equal to or better than the WATE.
Today Leica has a very large complement of excellent lenses, most of which are made by the competition! Leica is still resting on the laurels of past glory - The Noctilux is getting on in years (40+), the Summicron 50 is even older and it shows, the 21 and 24 are very good lenses, but the ZM 21/25 f2.8 are right up there with them. The 35/2 Asph is good, but the Biogon 35 ZM at less than 1/2 price is again right there. The 35/1,4 Asph is one of the best 35's - but it is flare prone and the VC 35/1.2 is faster and virtually flare proof and a 1/4 of the price.
Optics like the 12/5,6 and the 15/4,5 from VC (about $1300 for BOTH of them) is something that Leica never thought off. Highly specalized optics at affordable prices!
I sometimes get the feeling that if ir wasn't for VC/Zeiss/Konica/Kobalux - Leica would still be plodding along and announcing "new lenshoods" on old lenses as the big news!
The Summarit line was a step in the right direction, but priced out of line. The new 28f2.8 Asph is another good idea, but it seems to have died at the inception - none around!
From the stand point of a Rf user - we have never had it better when it comes to choice of lenses and cameras ,but that was in spite of Leica rather thanks to them!