Still deciding between Canon s40 or an oly. I like the look of the 3040 and price is more or less the same except that the housing for the Oly is more expensive. Was looking at the 5050 though. Way more expensive but I really only want to do this once. The 3040 is nice but only 3.2. The s40 of course is 4.0 and the 5050 is 5.0. If i'm not looking to make posters out of my pics, does this even matter? At most I'd maybe want to print out 8x10. Maybe. Like i said, i really only want to do this one time only. I don't want to need/want another digi cam until the 10.0 comes out. Any opinions? Of course, we really don't know the 5050 will perform UW, but there really isn't much reason based on specs and prior versions to think it won't be great is there? Also, anyone know why the 4040 has been apparently discontued when they are still selling the 3040? I would think the 3040 would be put away before the other one.