My M9 is here!
I'm really liking them a lot and thankfully the only fit issues I've had are that they might be a bit too shallow fitting with certain ear tips - some eartips just can't even get into my ear canal. But larger diameter eartips (like Xelastecs or KBEar07 L/XL) or longer stem tips (like the CP100) work perfectly for me! Maybe some slight vacuum issues but nothing too bad or uncomfortable.
To my ears, the M9 has a beautifully balanced tuning that handles basically everything I throw at it with ease. It's warm but not too warm and I think this increases note weight in a very pleasant and musical way. Bass is very good for a BA, and dare I say, better than many DDs I've tried! Treble is nicely extended. But mids are definitely the star of the show here - very pleasant, cohesive, and resolving.
Stage is decent for an IEM and imaging is surprisingly great! Separation is good as well.
For the price, I can't imagine many IEMs beating the M9.
But, these are all things that have been said about the M9 for quite some time now so the big question remaining is how it stacks up against the indomitable U12T.
And not surprisingly, I can't deny that the U12T is an objective upgrade in almost every measure and for me, the only thing that M9 can compete in is vocal presentation and this is a preferential thing because mids on the U12T are nothing short of amazing even if they aren't 100% to my tastes - this is to say that the U12T is objectively better than the M9. When comparing clarity, bass, treble, separation, imaging, and stage, the U12T is noticeably better. Listening to the U12T, I almost forget they are IEMs and they outperform even some open-back headphones I've tried which is mind blowing.
@Precogvision said that they are the most similar to a two-channel system that he's heard in an IEM (maybe other than the Subtonic Storm) and I'm inclined to agree. The U12T completely shattered my understanding of what is possible in the IEM form factor.
But as amazing as it is, the comparison between the two isn't exactly fair - I purchased my M9 for $1100 less than what I paid for the my U12T and I must ask myself whether I think the U12T is worth the premium I paid over the M9 for it. The answer to this question is a resounding, "no." $1100 can buy a lot of things (another TOTL IEM or even a brand new MacBook Air for example). And while the U12T is absolutely spectacular and remains at the top of my tier list, I find the M9 to be the better value proposition. In fact, I'd reckon that it's the best value kilobuck IEM available now (even more so now that price has dropped).
And so which one am I keeping then? Probably the M9. Despite being not quite as good as the U12T, the exorbitant price of the U12T really limits the venues I can feel comfortable using it. I wouldn't bat an eye taking the M9 out of the house or bringing it on a trip but the U12T, being over twice the price will never leave the house without me having an anxiety attack. Which then begs another question - if I'm only going to listen to the U12T at home, then why not just get a pair of open back headphones? My U12T is likely being returned this week and with the money I get back I think I'll just buy a set of Sennheiser or Focal open backs or a Z1R and pocket the rest. M9 is staying for the long haul!