The X1 and the X100 are nearly the same size:
Leica X1-Fujifilm X100 size-comparison by
Koekjeman, on Flickr
Leica X1-Fujifilm X100 size-comparison by
Koekjeman, on Flickr
I just don't see the appeal. It's like with Apple computers. They're more expensive than competitors and often times they offer something special, with key limitations (iPad, no flash, iPhone, bad service), and great design. Okay, that's cool with me. I'll pay for that, I bought the iPad, the iMac. I drink the cool-aide. But Leica does the same thing with one key difference. They make specialized products with good design, yet key limitations that enthusiasts are willing to deal with. Only Leica equipment isn't just more expensive, it's exponentially (and in my opinion irresponsibly) more expensive. Carl Zeiss and Cosina prove that products like say, a basic, but very high quality 50mm f2, does not need to cost $2k Leica's 50mm 1.4 costs $5000 dollars. How does anyone stomach that? I don't care how good it is, it's not as good as it's price tag.
Do I resent this stuff because I can't afford it? Yeah, I do. I'm a young fine artist who loves street photography and I get by working in a camera store. Day in and day out I sell Leica products to people who more often than not, don't understand why Leica doesn't make zoom lenses in M mount. While Carl Zeiss and Cosina release fantastic, albeit slightly more expensive specialized camera's and lenses, and they're IN REACH of people like me.
I say let Leica return to financial insolvency, maybe Panasonic will buy them and make a proper M digital for 4 or 5K, and talented artists will use these great tools to continue the spirit of street photography and the social landscape.
Sorry to rant a bit off topic, but I don't get to say this stuff to my customers at work. Sometimes I gotta vent.