The 1000D is very cheap right now and the 550D costs almost twice as much. So you would choose 1000D because of price but you'll soon notice the body's price is but a small part of the formula. The price of extra batteries, memory cards, flash and obviously lens will dwarf the price of the body. Like me, after you have spent more than $3000 on lens and accessories, do you want to put them on the 1000D instead of the 550D?


If you don't plan on buying new lens, then the 1000D will be a good P&S replacement. And if you get the 1000D used, you probably won't lose much reselling it later.