We've had every model 580 from the B to the M. Saying that, I had a '95 model Super L that I bought new, traded it in 2009 for a 2007 model Super M 2. Both machines cab with a/c, but that's about where the them being alike end... The super M2 has 4x4, ride control, pilot controls, and extendahoe. As far as speed and power, I'd rate them about the same. The bigger cab of the Super M is nice, BUT it seems more like a greenhouse. We ran the Super L 14 years, and I never did tint the windows. After the first few 90 degree days with the Super M, I tinted the windows on it. The a/c just wouldn't keep up. The Super L had doors on both sides, the Super M just the left hand side. Not a big deal until you go to clean the lower windows on the right front corner of the cab, but you kinda have to stand on your head to get to them. I grew up with the 3 lever controls with foot swing on the backhoes, but honestly I run a trackhoe most of the time, so I really like the pilot controls. Ride control is AWESOME. This isn't the first extendahoe I've had, had a K and an M with it before. Which brings up another point..... If you are going to be doing any kind of production work, or in hard to dig material, I'd stay away from a straight L or M. I never owned a L, just a Super L, but we did have an M, and I have ran a few L's... The K, Super K, Super L, and Super M are a heavier built, more powerful machine then the straight L and M... The M we had, the tractor and loader looked the same size, but you could see the swing tower and backhoe boom were noticeably lighter built. At 2,000 hours, the pins and bushings in the swing tower and backhoe boom had more slop in them than my Super K and Super L at over 5,000 hours. My Super K was a '93 model and the Super L a '95, in hard clay they would blow the M away in production. Same in rock, the Super K, Super L or Super M would either rip sandstone, drag the tractor backwards, or even lift the front end off the ground. The M would just stall out if you hooked something hard. The M was 4x4, and did good at loader work, but honestly, on dry ground I could load the back bucket on the 2 wheel drive Super L with dirt (for more traction), and out-push the M. It just had that much more power. The M was a lot easier on fuel, it would run about a day and a half, where the Super L or Super M, you'll be fueling them after about 10 hours...
I know this was kinda long winded, but I just like to give as much info as I can. Given the choice of a Super L or a straight M, I'd buy a Super L again in a heartbeat. But if I could get a Super M, I'd probably go that route myself.