Here are a few reasons to use _ (and not m_).
(1) Many BCL guys do it despite MS's naming guide. (Check out their blog.) Those guys write the framework, so they have some good habits worth copying. Some of the most helpful example code on MSDN is written by them, and so uses the underscore convention. It's a de-facto industry standard.
(2) A single underscore is a noticeable yet unobtrusive way to disambiguate method and class-level variables by simply reading the source. It helps people understand new (or old) code at-a-glance when reading it. Yes, you can mouse-over to see this in an IDE, but we shouldn't be forced to. You may want to read it in a text editor, or dare I say it, on paper.
(3) Some say you don't need any prefix as methods will be short, and later if needed you can change the field to an auto-implemented property. But in the real world methods are as long as they need to be, and there are important differences between fields and properties (e.g. serialization and initialization).
Footnote: The "m" for member in m_ is redundant in our usage here, but it was lower case because one of the ideas in many of these old naming conventions was that type names started with upper case and instance names started with lower case. That doesn't apply in .NET so it's doubly redundant. Also Hungarian notation was sometimes useful with old C compilers (e.g. integer or pointer casting and arithmetic) but even in C++ its usefulness was diminished when dealing with classes.
