It may actually be the right decision.
Although it's not scheduled to premiere until September at Frankfurt, we're still receiving semi-regular updates about the M2 as it enters its final development stage. As the successor to the highly respected 1 Series M Coupe, itself a direct descendent of the original E30 M3, the M2 has a lot to live up to. What we do know is that it'll be powered by a turbocharged 3.0-liter inline-six. However, this isn't the same engine that powers the latest M3/M4. BMW Blog claims it's a newly developed unit based on another turbocharged 3.0 inline-six.
The M2's expected output will likely be between 360 and 370 hp. Now, sources are indicating that, based on what can be seen from spy shots, that power will be distributed via BMW's seven-speed dual clutch gearbox and not a six-speed manual. The test driver can be seen through the window operating shift paddles on the steering column. But not all may be lost. There's still a decent chance US buyers will have a manual option. European buyers, as with the M5 and M6, will probably be limited to the dual-clutch. We'll have our answer in the coming months.