I'll be watching what Canon does with the upcoming 70D. But I am also watching what Nikon does. I will be doing a serious upgrade in the fall. I currently have a very low investment in photography equipment and just rent what I need when I have an event. What is keeping me from entering the market right now - I know lots of new products are coming out over the next 6 to 8 months. So I could go out and buy a 7D right now, but then it will likely bested by a new 7D, or maybe even a 70D in a few months. Or what if Nikon brings the D600 to market and it is a good value proposition (I don't really need the weather sealing of the 7D, and I don't drop or even bump my equipment very often). So for now I am in a holding pattern waiting to see how things shake out. I don't depend on photography to feed my family, so I can afford to wait.