I've been recommending the Canon EOS 500D (in the states this is the T1i Rebel) as a great way to get your feet wet with a DSLR.  Well, Canon just announced it's replacement making it an even stronger recommendation.  1080p video, 18mp's, and most of the new exposure and autofocusing systems recently announced in the Canon 7d.  For a $799 list this is a real winner!

A few weeks back Olympus went to market with the E-P1, a small nostalgic Micro 4/3's system.  Today they announce a lesser expensive E-PL1 .  It's basically the same camera, but they've added a small pop-up flash and reduced a few features in the menu.

Nikon is sure on the ball lately, they're just announced two lenses that promise to be popular with professionals. Nikkor 24mm F1.4G ED, and the16-35mm F4G ED VR lenses.  These lenses are way more expensive than their Canon equivalents, yet they're a newer release.  If you're a Nikon shooter you won't want to miss these two.

Apple also announces the release of their newest version of Aperture.  Apple Aperture 3. This is one of the better raw converters for Mac Users and competes heavily with Adobes Lightroom in both form and function.  If you own a Mac this might be the raw converter for you.

Nikon announces a firmware upgrade release for its new Nikon D3s DSLR.  Version 1.01 promises to correct issues concerning flash card compatibility and an issue where the video playback stops for no reason.  Other fixes were also incorporated.

Canon announces four new PowerShot point and shot compacts.  The SD1300 IS, the SD3500 IS , the SD1400 IS , and the SX210 IS .  If you're looking for a new compact P&S give these for a close look.