I tell you what Hexar does better and you decide;
- 1/4000 shutter speed
- State of the art viewfinder. Great for 28-50mm, bad for 90mm and up. The M2 and M3 has a very squinty viewfinder as opposed to the Hexar RF which is a joy, especially if you live in a constantly sunny environment and don't feel like taking your sun-glasses off every time you need to look into the viewfinder.
- VERY accurate exposure from the shutter at all shutter speeds (which is something that can hardly be said of Leicas)
- You can see the exact exposure in the viewfinder in relation to the shutter speed you have selected, i.e you know exactly how many stops over or under you are as opposed to the ambiguous one in Leicas
- Swing door loading, although using an M4 and newer type loading Leica is perfectly alright.
- Motorwind, next frame and all the way back. + 2.5fps continuous (Some people argue that camera is not quiet enough, but you will find that people who complain about quietness are people who actually sit in front of the computer on camera forums instead of actually going out and taking photos and don't want to admit that putting a camera up to your face is quite a bigger deal then the noise of a shutter, but I digress)
- Just as rugged as any Leica I've used (some people mistake heaviness = better built, not so. If a camera is more heavy it simply means is more heavy. Has titanium top and bottom cover)
- You get about 120+ rolls of film from two batteries, extraordinary.
- Oh, the Hexar RF is about the price of an M3. Hexar RF + the state of the art (both in performance and build quality) 50mm M-Hexanon is about... 1200ish dollars? About the price of an M6. I got mine Hexar and 50mm for $1100.
Things Leica does better;
- The rangefinder is rock solid, the hexar's rangefinder (not viewfinder) seem to be not as good but still very good. Although this is what I've heard/read mine personally works great. Then again, adjusting rangefinder is a 15min job. (
http://www.rangefinderforum.com/forums/showthread.php?t=1937 )
- cant thing of anything else... Leica looks better?
- has a healty amount of places to fix your camera when it breaks down.