Jeez, tough crowd!
I for one, am excited that Mooney is able to expand their product lineup beyond a single model line. It will allow Mooney to diversify their revenue stream beyond a single product and the stronger Mooney is as a business, the better it will be for all Mooney owners/pilots.
It was a great tragedy that Mooney wasn't able to bring the '301 to full fruition before they ran out of money. The turboprop single market has boomed since the 1980s and just imagine if it was Mooney producing and profiting from the TBM-700/850/900 instead of Daher-Socata.
There is plenty of JET-A infrastructure in the US to fuel these turbo diesel engines.
I think the reason why the Skycatcher failed was because it was hobbled in order to comply with LSA rules. The engine isn't particularly economical, 120kt. is slow, it can't fold it's wings for storage like a Remos or CTLS, and the spartan interior combined with lack of payload gives it zero utility beyond basic Private training. Mooney is smart to ignore the LSA rules. 3 seat utility, speed, FADEC engine with low SFC's, and the resulting economy of operation are all great things.
Perhaps the M10's could also be sold as an Experimental quick build with factory help in Kerrville? I would love to see a M10J with four seats. I would also love to see a M20 with a weight saving composite fuselage with useful loads hundreds of pounds more than the existing Ovation/Acclaim...