June 10 - 1:30am EDT   Canon on Tuesday announced a new entry-level d-SLR: the EOS Rebel XS, which along with the recently introduced EOS Rebel XSi, replaces the popular Rebel XT and Rebel XTi cameras. The company has decided to rollout some of the advanced features in its XSi features, but left out others to reduce-costs and differentiate the new entry-level d-SLR. Sporting the company's new Digic III processor and a new live view mode, Canon's EOS Rebel XS has a 10.1 megapixel image sensor that is almost identical to that used in the Rebel XTi (short of the XSi's 12.2 megapixels, but higher than the 8MP on the original XT); the new Rebel XS also features a 2.5-inch LCD, which is larger ... [full story]