The kit lenses on canon arent very good, although they were better than they were.

You arent going to get much for the 300D either.

Does anyone know of any good reasons not to buy now, i.e. new one coming out or bringing back the £50 canon cashback?!?

It is not good to buy any oriental camera gear now (compared with last year), due to the pound/euro rate - prices are 20-odd% higher than they were. Even eBay used gear fetches higher as a result.

Ye I know looking at some HUKD prices they have been significantly less a while back, which is quite annoying! But I guess I either sit out the recession and wait for prices to drop again or dont wait a couple of years and buy one Tuesday But I guess as ebay 2nd hand prices are higher I should be able to get more for the 300D as well (Although I know this wont make the deference up)

Cheers for your help! Probably have a word with a couple of friends too who have the 450D and see if they have any reservations... or if they want to upgrade and sell me theirs

I think the gap between the 450D and 40D is a lot closer.

There is quite a good comparison here some areas it better, some its not: http://www.dpnotes.com/canon-40d-vs-canon-450d-digital-rebel-xsi/

Would like to go for the 40D but think the price leap vs features Id use is too big really unless I can find a bargain!

Also been looking at the 500D which is out soon, but current pre-order price is high, and might see if it drops a while after launch?

Can still use your 300D until then mate as its not an urgent purchase