Leica just announced today the launch of new flagship model in their M Monochrome black-and-white rangefinder camera line, the Leica M Monochrom (Type 246). Boasting a range of new improvements and enhancements since the first M Monochrome, the Type 246 sees higher image quality, new full HD video and live view features, and improvements in the camera's 2GB buffer and processing system. The end result is a camera able to shoot photos three times faster the original Monochrome M, display them quicker on the 3-inch 921k-dot LCD screen, and impress you further with their no-filter-needed black-and-white photos. Inside the Leica M Monochrom (Type 246) you'll find a 24-megapixel CMOS sensor with a maximum ISO of 25,000, but the sensor lacks any color filter array so there's no need for traditional algorithms to calculate color luminance. In other words, get ready for 100% sharper images that far exceeds what color photography can do. Image capture is further enhanced with two magnification modes and a durable magnesium alloy body. The M Monochrom (Type 246) will be available in May 2015 with a price tag of $7,450.