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Canon USA has officially announced its next generation entry level digital SLR camera, the EOS Rebel XS which officially replaces the EOS Rebel XT. Like we told you not so long ago, the Rebel XS offers up a cheaper alternative to the previously announced Rebel XSi.

Aside from features that we mentioned before such as a 10.1-megapixel image sensor, 2.5-inch LCD, 7-point autofocus system, 81% viewfinder coverage, 12-bit image processing, spot metering and remote control functionality, the Rebel XS also boasts of a 3.0 frames per second continuous JPEG burst rate which will only be limited by the capacity of the flash memory card in the camera. Weighing only 450 grams, the Rebel XS is by far the lightest EOS digital camera that will come out in the market.

And now for the most important information, Canon has announced that the EOS Rebel XS will have a retail price of $699.99. The Rebel XS camera body would come with the standard EF-S18-55m kit lens and is expected to hit the US market sometime in August.

Read [Business Wire]

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Canon has finally decided to update its popular entry-level digital single lens reflex camera, the Rebel XTI with a newer model donning the name Canon EOS Rebel XS. The new Rebel XS comes on the heels of the more advanced Rebel XSi which Canon announced a couple of months ago. And possibly due to the growing demand for a lower cost entry-level DSLR, Canon decided to come up with another model that would cater to the entry-level photo enthusiasts who are not yet willing to pay the price of the the XSi.

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