Canon 20D is an excellent camera, though the kit lens is a poor one. A Canon EOS Rebel XT (350D) is equally good (almost the same) except that it doesn't have the magnesium alloy body, and few other features which you may not care. This would save you at least $300. Waiting for the next higher model is a never ending thing. Go ahead and buy it, and add the great lenses from the canon EF/EF-S range as you go.
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