Sounds like the death of the M line and the S line will be stripped down to compete with the Canon and Nikons, or the S may survive to compete with the Hassy and Mamiyas; as it does now. But I think there is much more $$$ to put out a D3X competition in the same price point. Investors want returns ASAP. Makes me ill to think about a micro four thirds becoming the new M camera.
I'm a lover of Leicas but also know it struggles a bit from time to time and would not sell 44% if it were cash flushed and running well.
Hopefully my doom and gloom attitude is completely wrong, and Leica stays elite and continues to make superior equipment.