Yes, but the market for ANY rangefinder camera is seriously limited by 
the lack of TTL viewing and metering.

They didn't "cede" the market, they (and Ziess, Voigtlander, Braun, 
etc) croaked due to inability to produce a quality machine at a 
reasonable price. Leica SLRs (and Rolliflex, too, and Voiglander) were 
NOT reliable, I've owned a couple.  Horrible.  Beautifully made, but 
they don't work.  I have an old Nikormatt with a huge dent in the prism 
housing that works perfectly, even with a cracked pentaprism.

Leica are not mass produced, they are HAND MADE, and suffer from the 
problems associated with that, particularly very expensive repair as 
parts must be adjusted to fit.  Superb cameras, don't get me wrong, but 
hand made for the very top of the market, not even serious 
professionals in many cases.

And the Nikon S rangefinders were every bit as good, so are the lenses. 
  Just not economical to make.

Peter



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