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Canon rumours have supposedly had a leak of the specs today, looks very promising.
If its totally accurate I don't see any of the mirrorless cameras currently around matching up to it's specification. It does seem to be aimed as a NEX alternative.
http://www.canonrumors.com/2012/07/canon-eos-m-specs/Canon EOS M Specifications
The Canon EOS M that launches tomorrow will have the following*specifications. Beyond the camera, the system will launch with 2 lenses, the EF-M 22 f/2 STM & EF-M 18-55 IS. It will also launch with a new flash, the EX 90 and an EF lens adaptor.
18mp APS-C
DIGIC V
ISO 100-12800 (25,600 Expansion)
3″ Touchscreen 1.04million pixels
Phase & Contrast AF
Video Servo AF
1920×1080 Video 30p/25p/24p
1280×720 Video 60p/50p
MPEG-4, AVC/H.264
SD Card
Adaptor at launch for EF lenses
If its totally accurate I don't see any of the mirrorless cameras currently around matching up to it's specification. It does seem to be aimed as a NEX alternative.