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I wouldn't worry about it.
I've driven the Model S and I have one on order which will arrive in the summer (replacing our Lexus).
I can tell you the Model S can't hold a candle to the M5. The M5 will accelerate faster than the Model S when driven by a competent driver. But the biggest edge is the handling. The Model S does not have the ability to corner that the M5 does. In fact when I took the Model S for a test drive I almost lost control of it in a corner because I overestimated its handling.
Power is nothing is without control, and the M5 has more of both. The only car I would consider instead of the M5 in 2013 is the M6 GranCoupe.
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