New Canon XS

Canon has announced a new entry-level DSLR. The XS offers 10.1-megapixel resolution, a 2.5 inches rear screen, 7 autofocus points, it will offer Live View on the rear LCD, and supports an unlimited burst rate of 3 frames per second until the memory card is full.

It is estimated that the XS will be priced in the US at approximately $580 for the body only, and $630 with a 35-70mm kit lens. The launch date is July 8.

This is obviously Canon's attempt to solidify its grip on the growing entry-level DSLR market.

(Hey Canon people...where in the &%$$#$ is the Canon 5D II???)