Sean,
You bring up an interesting point.
Suppose I have a "limited" but reasonably generous budget. Given your observation, would it make more sense to spend the bulk of my cash on Leitz lenses and buy a modest body like a Cosina/Bessa R2A (or similar)?
The lens "makes" the picture - not the body.
Food for thought.....
Um, er, ah, this is not an original observation. And it is strongly disputed by Leicaists who insist that what the photographer feels (in his/her/its hands, not between his/her/its ears) when taking the picture is at least as important as the final print. You are, from their point of view, focused on the wrong thing. The destination isn't important, the journey is.
I've been collecting Leicaists' replies to negative comments about the latest all-singing all-dancing all-digital Leica's reported problems. For the record, I don't have one and have no idea whether the people who have used the thing and report problems are chronic whiners, hopelessly confused, or lying. I don't care much, either, but the loyalists' replies are fascinating:
Its all Kodak's fault.
Digital cameras are all do that.
The problems reported are rare and don't matter anyway.
You're an idiot.
Leica lenses are still best.
They're working on it.
There are no problems.
You should know better than to get an early production example of anything electronic.
Cheers,
Dan