The extra-small DSLR Canon is working on appears to be real. A very trustworthy source sent me a list of specifications, and it appears that there are already prototypes out in the wild undergoing testing.
The spec list I got:
- 18MP sensor (same sensor featured on the EOS M and EOS 650D)
- DIGIC 5 image processor
- Touchscreen similar to the EOS M (possibly same 3″ size)
- 9 focusing points
- A new hybrid CMOS auto-focus
- 98% viewfinder
- ISO up to 25,600
- EF and EF-S lens support
- HD video
It looks the new DSLR will feature some of the technology that is already used on the EOS M.