I just got my self a Canon 7 as well and it is a very nice user. I myself have never handled a P but from what I understand the build quality is a bit better. The 7 is no slouch though. Although the rangefinder patch may not be as bright as a Leica it is still plenty bright to focus quickly and accurately. And for the price you can't really complain. KEH has a few of both the P and 7 in stock ATM if you haven't already seen.