I believe it will be almost a stripped down version of the 5D III for studio/landscape.
Well, then it will be very important that the camera can produce a wide amount of DR. Preferably as good as the D800 DR.
I dont think Canon has the tech for this right now.
I agree about the DR. I don't believe the 5DIII is a true competitor for the D800 and I think this new one will be. I don't understand why you think Canon doesn't have the tech to build a high mp sensor with good DR. For all we know, they may have been working on one for quite some time and waiting to release it.
People are getting too hung up on the term entry level. Think of it as a lower cost FF rather than entry level. A plasticky rebel type FF isn't going to make it into the xD line. This is their "Pro" line not consumer line. I believe this will be a direct D800 competitor and they will under cut Nikon's pricing and piss in their cornflakes. Their timing kind of sucks though.
"A plasticky rebel type FF isn't going to make it into the xD line" - No, a rebel will not be called an xD, but that doesn't mean that Canon will not put a FF sensor in a Rebel, in fact I see it as inevitable. The Rebel is getting it's lunch eaten by compact mirrorless systems. Because those systems have equal IQ and smart looking compact bodies. The Rebels will have to try much harder if it is to survive as a dslr. One way to do this is to up the IQ with a FF sensor. The other would be to put a more sophisticated focus system in it and/or make it much faster. Either way, consumers win as better tech trickles down to the masses.
I am not suggesting that this next "entry level" FF camera will be a Rebel. It might be an xxD series camera. Either way, it is an exciting time to be a photographer hobbyist, as technology is evolving quickly and becoming more affordable.
Maybe, maybe not. I don't see the APS-C leaving the xxD line. I do see the APS-C leaving the xD line though. As long as they weather seal the 70D, there will be demand for a crop in that form. The APS-C isn't dead yet.
Only reasons for crop that i know of are:
-lower cost
-able to shoot with smaller, lighter lenses
Some people have suggested that APS-C has more reach. But why could this not be accomplished with cropping in post, or in camera. In fact, when EVF become good enough to displace optical view finders, maybe there will be a switch to switch between a full view and a more "zoomed in", aps-c type of view. You could even flange up an ef-s lens if you wanted to.
But as mirrorless become more capable, I see no reason for aps-c in full sized dslr bodies. I don't think that FF is the answer to all problems in dslrs. In fact, if given the choice between a 5dmkii and a 7d, for the way I shoot, i think a 7d is more useful - simply because of its speed. But now that a 5dmkiii is available, that camera is superior to either of the other two.
As far as the people who are saying that canon is moving up in price on the 5d line - if I am not mistaken I believe the orginal 5d introd at somewhere around $3300 - in 2005! Now taking into account inflation, and the big improvements in noise, AF, speed, video - the fact that the 5d mk iii is "only" $3499 is a miracle. OK, maybe not a miracle, but certainly not an affront to humanity.