RIchard:
(1) Nice write-up
(2) Wonderful use of the camerasize.com website
(3) I can borrow the well-known phrase about firearms:
Wilensky reports that the bumper stickers were at that time sold reading "I Will Give Up My Gun When They Peel My Cold Dead Fingers From Around It." and apply it to my pair of M6MkII's (with the 22, 11-22 and 18-150 lenses). My recollection of posts from right here on CR is that various M models sold quite well in Japan/Asia (but not America except for maybe the M5), facts related to your statement here that
"Canon has a deep aversion to being lower than #1 in the domestic market."
(4) In summary, again from the piece:
The EOS-M system focused on small size and portability – but with the EOS-M system now discontinued, this is a notable gap that Canon’s current lineup doesn't address.
Canon always had a global approach to camera marketing. Cameras that may not sell well in North America may have a stronger appeal in Asia and other markets. For the most part, the RF APS-C system has seemed to try to do this – but not with the dominant success they usually have.
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I would pay a premium price for the smallest volume/lowest mass body with all the bells and whistles, wrapped around the latest-and-greatest APS-C sensor.
I would also pay a premium price for an ultra-modern sensor/electronics packaged inside a pocket (or nearly pocket-sized) camera...a Canon camera. That those who write for and manage this website are considering Fuji for this (or something like it)...I just don't understand Canon's thinking here.
My desire to pay premium prices for compact-sized Canons has not minimized my desire to own full-size Canon products--I eagerly await shipment of one R5MkII

and all that goes with it.
...now going to check my email for a notice of shipment