@Kharak - you're right, I was wondering about that but I took the risk and bought this anyway as it didn't cost me much. I wouldn't pay full price for a brand new filter unless it were specifically designed for the EOS M - I'm sure that would work better, reducing aliasing even further. As it is now I have no way of aligning the filter accurately and it sits quite far from the sensor. This probably affects image quality slightly, but it seems good enough to me so far.
@andy kh I'll have to try that but I've never been able to get higher frame rates to work on the EOS M without errors requiring a restart and corrupt footage. I guess it should work though if it's 3x3 line skipping. Also there's a VAF filter specifically for the 70D which helps.