Canon's next Digital Rebel camera indeed due to be announced at the event scheduled for March 25th, a new source is said to claim. While the event itself has been confirmed, little else about possible announcements has been revealed other than a focus on cameras. The source suggests that the camera will not only be a Digital Rebel, but the EOS-500D, a successor to Canon's main line of low-end DSLRs. The company has more recently digressed with models like the Digital Rebel XSi.

The 500D is again expected to use a 15-megapixel sensor with a DIGIC IV processor, but is newly identified as supporting ISO levels up to 12800, and using an LCD with 900K resolution. The most significant addition may be 1080p video recording, an extension of the function past the EOS-5D Mk. II, also providing more direction competition with the Nikon D90.