I don't see how this helps ATT. Even if they offer a discount for people who use less data, I doubt this would change anyone's habits. In other words, the people who only use their data plan occasionally would continue to only use it occasionally (and save some money, which is good for them) and the people who use it constantly would just continue to do so.
So bottom line: ATT makes less money and still has the same poor network.
The price point is reflective of the fact that this camera comes with a $300 electronic viewfinder. If you don't want or like the viewfinder, buy the E-P1. Or wait until next year when Olympus eventually releases the camera as a 'body only" version.
I'd get the OCZ Vertez 30GB, currently 144.99 at Newegg after $20 mail in rebate. The Vertex series (and OCZ drives in general) have been well reviewed, and this hits your price point nicely.
"What we aren't sure of, however, is how exactly the company came up with the nearly laughable MSRP"
@Engadget: You really should hire some writers who actually understand the photography industry. The camera costs $1100, because it comes with an electronic viewfinder, an accessory that costs $200 with the GF1. The only thing laughable here is that you can't do basic math.
I love how engadget writes this up as though it's something new. Linksys and Trendnet both have wireless bridges that they've been marketing as "gaming adapters" for some time now.
"I need help! I want a small pocket camcorder but I'm not sure which one to get. I don't want to fall into the hype of the Flip because I worry two hours won't be enough. What should I be looking for when considering a small camcorder and where can I get a good quality one with expandable memory? Thanks!"
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So bottom line: ATT makes less money and still has the same poor network.