It's a screwmount lens, so you need one of the several screwmount-to-M adapters. I know CameraQuest sells them; I haven't looked into it much since I don't have any M-mount bodies.
The I-26M was the standard lens on a lot of Feds and some Zorkis. It's not a Sonnar copy but a Tessar type, not a copy of any specific lens as far as I know, and some are pretty good. Quality control on the Soviet lenses is questionable, but this lens is cheap enough that you can acquire bunches of them and cherry-pick. They are absolutely common as dirt; Fedka has them for $39.95 (I assume CLA'd).
There is some concern that the focussing helical in the Soviet lenses may be slightly differently aligned from the Leica standard, but informed authorities differ and there doesn't seem to be a definitive answer.
So, perfectly competent lens if you get a good one, the adapter shouldn't be a problem, but whether you want it really depends on whether you want to take a flyer on a lens that may or may not be any good.
-NT