It's been my experience that Canon "rebates" are fake, in that they save you no money. When I was buying my 7D + 18-135mm kit, a $300 rebate did not change the price. Same for the 70-200mm f4 is usm I just bought. Before the rebate the price on Amazon was $1200. Once the $150 rebate started, Amazon showed an MSRP or $1350 and sold it for $1200. The "rebate" wasn't a rebate. It was a marketing ploy to make people think the price has been lowered, when in reality, its the same price as before the rebate.