Last week Nikon announced the most recent addition to its lineup of digital SLR cameras, the distinctive D40. Now normally I don't do this but I just want to put it out there before I go any further: it's only $600 — with a lens! (The same price as Canon's PowerShot G7.) Since the 6-megapixel camera is much smaller and lighter than its predecessors, you'd expect it to be a significant step down from them, but that isn't necessarily the case here. In fact, this camera is a great choice for anyone interested in tasting some of the intrinsic benefits of an SLR without making tough compromises. Compared to more expensive SLRs, this D40 baffles some expectations with an improved interface, a large 2.5-inch LCD, and extra bonuses like in-camera retouching and continuous shooting. On the flip side, the status LCD and a few options (like bracketing) have been cut from this model. But hey, if you like a lean machine, the fat has been trimmed. Don't take my word on it — you can check it out for yourself, since it'll hit stores in time for the holidays. — Elliot Black

Nikon press release, via Engadget