I didn't say the competition was better. Try reading comprehension next time.
And I didn't say you said the competition was better. What I did was, I asked, "What has the competition come up with that's better?" Because if Canon releases something which is on par with the competition, then that's not something to criticize. You're making a neutral quality (competing equally with other manufacturers) into a negative.
Also, you may not have said the competition was better, but by saying that the EOS M is no better than the 2-year-old NEX-5, you sure as hell implied it.
But to answer your question, this camera is about the same as a NEX-5, and the NEX-5N is clearly better than the NEX-5, so...
How is this about the same as the NEX-5?
NEX-5
- 14MP
- No touchscreen
- 1080i video
- 200-12,800 ISO
- No SLR lens support
NEX-5N
- 16MP
- Touchscreen
- 1080p video
- 200-25,600 ISO
- SLR lens adapter
Canon EOS M (rumored)
- 18MP
- Touchscreen
- 1080p video
- 100-25,600 ISO
- SLR lens adapter
Sure seems to be a lot closer to the NEX-5N to me, with 25,600 max ISO, touchscreen interface, higher MP, 1080p video recording, and an SLR lens adapter.