Recently, I was looking for a small bag for my M with the kit lens. The search proved but a little longer than we thought and have ordered from this MegaGear Ultralight. The neoprene material is really very thin and soft, which the insertion of the camera makes it easier, but that "protective" can be seen almost shaped as a sort of "sleeve". The Ultralight would, for my taste, a little "tighter" around the M can snuggle with kit lens, that is quiet a bit smaller may be (shorter and the lens area close). However, if a lens hood is attached (in direction of transport) at its Kitzoom, will welcome this "reserve space" very. As a "sole" protective bag not recommended completely because shocks etc. are not too well damped with prolonged transports. The dust is also rather low, because through the side openings of the folding flap not only the neck strap of the camera fits, but also dust and dirt. For a walk on the beach with lots of wind / sand, this cover is not really suitable. The small carabiner I trust now no longer transports to, therefore the UltraLight will serve with me either in the camera bag as a protective covering of M, or the dry walk, around the neck with the camera strap.
So if you "only" a protective cover for the M with the Kitzoom (plus GeLi) examines the here provides a way. The workmanship is very good, there is a microfiber cleaning cloth and a protective bag so. The price-performance ratio and ease Oversized were here my only gripe, and would rather give 4.5 points.
Update 15/05/2014 Unfortunately, the processing stands in my copy but not that stable from one of the great main seams began to dissolve in a corner. Was made by me quickly resolved itself (4-5 pinpricks), but diminishes after use of less than 2 weeks! and only 1 photo tour! (On the weekend in between) but very good first impression. Will probably have to look for another alternative, unfortunately for nearly 20 something "offered little 'too, and slips with the previous attributes but" unfortunately "to 4 stars from, though after deductions rather only 3 stars would be there. But since it would be unbelievable to go from 5 to 3 suddenly .... It is as already mentioned a good case with the camera strap around the neck ideal for walks.