Sounds like this new lens is not much different than takiing a step
foward or backward.
First, as others have pointed out, the three focal lengths on an M8 correspond to 21, 24 and 28mm lenses in full-fram 35mm terms. The 21 vs. 28 is a very significant change of view and were established in the early years as two of the most popular"very wide" angle focal lengths for 35mm film use. Once you accept that, the 24mm intermediate value is also useful to have, doesn't cost much to add, and also has become a well-established focal length in many film SLR systems.
Second, the new lens is also full-frame capable - a very significant pont because it isn't at all easy to do with high quality. Whether this will ever be useful in digital M cameras depends on whether Leica will eventually solve the full-frame sensor challenge and introduce such a camera. In the meantime it is an extremely signifiicant lens entry for the established base of M film camera photographers.
Here is a table of horizontal angle-of view (in rounded-off degrees) for the various focal lengths: I hope it reproduces properly in your browser, sorry about the lines but otherwise I could not get it to work:
Focal Length_ 16mm_
18mm 21mm
Horz. Angle of View_ 80_ 74_
66
View for M8 image
Horz. Angle of View_ 97_ 90_
81
for FF 24x36 image>
Finally, I would add that changing subject-to-camera distance is
not the same as changing magnification factor by focal length change - there is a very significant change in perspective - though I do > understand your comment if it really were just "a step" forward or back.
--
JoelH