Yep. Im sure most people use it for casual listening including myself. I have it hooked up to my DAC right now connected to my computer. I bring it with me to school sometimes too with my ipod to use at the library. The price has been rising though with the rise in demand. I bought them earlier this year for $100 shipped.
The beats will have a bigger bass output but the midrange of the M50 is so much better.
Dope, thanks man! I'm definitely lookin into buying a pair. I use my beats for everything, recording/studio work/casually, but your right, the bass is almost too loud and it kinda fucks wit my work at times and drowns vocals. Plus I'm sick of seeing mad ppl with the same gear as me, so it's time for a change!