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The M3 is pretty usable for most. the downside is expense for lenses and accessories, as well as film, processing and printing. It handles and feels much more modern than the III C will. It is easier to load and can use modern lenses.
The III C is a different animal. The view finder and range-finder are not integrated. You look through one eyepiece for the framing and a different eyepiece for the focus. It has no flash sync. You must turn a knob to advance the film (no thumb lever advance), parts are extremely scarce. Lenses are screw mount.
Of course there are workarounds for any limitation. A common one used by photo journalists of the III C era was to use a 35mm focal length lens set to f8 and set at a focus point that would include everything from about 10 feet to infinity and a shutter speed of 60th of a second and just point and shoot.
Correct any over or under exposure in the printing operations. This worked surprisingly well under most conditions.
Both can be fun if expensive to play with. Neither one does anything that can not be accomplished better and easier with more modern equipment.
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Who Dares, Wins!
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