At the risk to be stoned to death by the elitist group, could I suggest you to look into the Rebel T3 (any stone yet...?). I know, I know, it's a bit cheap to talk Rebel here. Still, body only (if that's possible anyway) would be in your price range. In the digital age, 5 years is quite a lot. It won't be long until your 40D becomes grandpa. Consider also the sunk investment: in 2 years time, it's value will turn to dust while a recent rebel will still sell. DP technology has made great advances over the last few years. Today, all cameras are good. Besides, you get 2 more MP's and video ... Also, if you are to use it as a second camera besides your anticipated 7DII, you'd better carry something light, easy and inconspicuous. For street shots, Rebel's rock.