D40, but they're already launching another budget digital SLR, the D40x. The two cameras are basically the same, with the one major difference being that the D40x ups the megapixels to 10.2. Probably not enough of a change to make anyone who just bought a D40 suffer from a massive case of buyer's remorse (well, maybe it is), but the D40x is shaping up to be a nice option for anyone who held off on buying a D40 because six megapixels just wasn't doing it for them. Head on over to Let's Go Digital for a preview.
[Thanks, David N.]