I don't believe this product is actually being marketed as a Leica, buyers assume it is as it has a certain likeness to the great M3. Purely for collectors, especially Leica lovers, or even if you are not and aspire to an M3 but simply can't afford one, this is not the model to get. Some years ago Minox did actually market a 4mp Leica M3 lookalike and it really is an M3 in miniature. Only the lens barrel lets it down slightly, but the body captures the essence of the real thing admirably. Sat next to my M3 the pair do make for an interesting image.
And just like the real thing, the M3 look-a-like records up to 40 images, the same as the counter on the M3.
But to be brutally honest, unless you value the homage to the original M3, and for this you do need the older model, image quality leaves a lot to be desired and you'd you do much better saving some money and buying a decent little compact that will perform much better.