Fuji and the rest of the world

Panasonic GX1 + 14-42mm OIS lens $639
Canon EOS M + 18-55mm EFM Lens $698
Olympus PEN Lite E-PL5 Single Kit $718
Sony NEX-5R + 16-50mm PZ OSS $744
Samsung NX300 + 18-55mm lens $849

Here is a list of current mirrorless cameras without a viewfinder from a local camera shop. I used upper models in this category. Olympus E-P5 is not available yet, so I used E-PL5. Some of these models come with extra, for example Canon is bundled with 90EX Speedlite flash. All prices are in Australian dollars. Sometimes it is possible to get a better deal, but Digital Cameras Warehouse is one of my favourite camera shops in Brisbane.

In the US (B&H) Olympus E-Pl5 is priced at $600, Samsung NX300 - $700, Canon - $550, Sony NEX-5R - $600 (including bag and 16Gb card).

Here in Australia Fujifilm X-E1 + XF 18-55mm Lens is available for $1249. In B&H X-E1 is listed for $1200.

So, Fuji X-M1 with XC 16-50mm f/3.5-5.6 OIS lens is expected to be priced here in Oz at around $800, close to the most expensive cameras in this category, Sony NEX-5R and Samsung NX300. It might look a bit expensive in the US but here in Downunder, the same price looks very reasonable for what you get.