Actually, variations on M-expressions have been created many times in the Lisp world. (Look what you can do with macros!) So far, none of them has caught on. The latest attempt for Scheme is SRFI-266, which creates a very nice infix expression sublanguage. If I were working on a team, I would encourage them to use this, but I don't know if it has enough traction to become widespread.
it's not just the syntax. the entire language, and even the ecosystem in general, has relatively few atoms that can be combined with a higher degree of freedom than the alternatives.
it has both upsides and downsides. the upsides mostly win for me.