You could have a point about the $125 lenses...I know that I'd be hesitant to buy more EOS-M lenses for much more than that if I knew they weren't going to progress the EOS-M line at all.
Should be an interesting few months when it comes to the future of the EOS-M, I'm sold on it for $300, and it'll get plenty of use to justify the price. But at $500 or over I would have never considered it.
Agreed. My thoughts exactly.