Canon announced their new EOS Rebel T1i aka EOS 500D today, which is mainly a 450D with more megapixels, a higher resolution LCD and movie mode (With a few other things like Creative Auto thrown in).

Canon EOS Rebel T1i aka EOS 500D
(Entry-level digital SLR camera)

• 15 megapixel CMOS sensor
• Dust reduction
• DIGIC 4 imaging processor
• Same old 9 point AF (1 center cross-type point)
• 3 inch super-high resolution LCD (same as the 50D and 5D Mark II?)
• Live view with contrast detect autofocus
• Full manual controls and Creative Auto mode (just like the 50D)
• 3.4 FPS burst mode up to 170 JPEG or 9 RAW photos
• 1080p (1920 x 1080 at 20 FPS) movie mode with sound; no continuous autofocus
• Takes SD/SDHC memory cards
• Uses a lithium-ion battery
• Available in May for $800 (body only) or $900 (18-55 IS kit lens)

Canon also announced an entry-level Speedlite external flash, called the 270EX. This new flash is more powerful than the old 220EX it replaces and has a upward-rotating head that can be tilted up to 90 degrees for bounce flash.

Related articles:

• Nikon D5000 announced
• Canon unveils new Rebel T2i/EOS 550D and several Powershot/Digital IXUS models
• Pentax K-x digital SLR announced
• Canon EOS 1D Mark IV vs EOS 1D Mark III comparison
• Canon EOS Rebel T1i Photo Gallery