When it comes to mics I'm definitely a Shure fan. However, recently our band had an urgent need for 2 phantom powered mics and after thorough research, the price tag vs. specs of this Rode M2 caught my eye. Relying on Thomann' super warranty and return policies I ordered 2 pieces without further hesitation.
The build is robust, the materials used and the look & feel leave no doubt of quality, immediately after unpacking. Even the on/off switch is top class, which I never expected, not to mention the connector and the shape of the grill which I like a lot. There's an inclusive protector sleeve (pretty much the same as for Shure with different labeling) and a holder for mic stand which is also quality built.
The tone is great (5/5 in this price range, really), and this mic is also VERY suitable for "whispering" singers who have low volume. I assume there's a sensitivity difference and not just the +dB gain with the 48V. I'm quite sure that there's no actual competition in this price range who could beat the Rode M2. Would buy over and over again, highly recommended.