Who is it aimed at? Most everyone here complains about Leica prices and buys second hand cos its cheap. Being cheapskates means they'll buy a new fuji over a new Lecia since the Leica WILL be more expensive. Why do you suppose so many have Olympus and Lumix and 4/3 systems. That's the market this is aimed at. Do you think it'll be price competitive in that market. I'll wager it won't. The only people who will buy it are people with Leica stamped in their brains.
And that is all they will need to buy it. Leica doesn't need to sell the same numbers as Fuji / Panasonic / Olympus to be successful.
If Leica does this right, they can make the ultimate compact. The materials they use, the design they choose, the stripped down interface, etc are important to some people. People who never bought Leica before bought the X1 because it was simple and elegant.