Here are the basics: 15.1MP, HD video capture (full 1080p HD video recording at 20fps), a DIGIC 4 Imaging Processor, 3.4 fps for up to 170 large/fine JPEG images or up to nine RAW images in a single burst, ISO speeds up to 3200 in whole stop increments (plus H1: 6400 and H2: 12800), a 3.0-inch Clear View LCD (920,000 dots/VGA). The camera comes with Canon’s Auto Lighting Optimizer, Creative Auto Mode and Live View.

The T1i is scheduled for delivery by early May and will be sold in a body-only configuration for $799.99 and in a kit version with Canon’s EF-S18-55mm f/3.5-5.6 IS zoom lens at an estimated retail price of $899.99.

Initial Reactions to Canon Digital Rebel T1i / 500D

Joe Decker, a Photocrati contributor, talks about implications of the 500D / Digital Rebel T1i the “narrowing” of the market for digital slr cameras, and how the increased power and resolution of “entry” level cameras may soon reduce the size of the market for flagship pro models.

Digital Photography Preview says “this is most of a 50D stuffed into the familiar 450D body.”

Camera Labs says: “if the Beta unit’s quality holds up, … the Canon Rebel T1i’s image quality is at least as good as the Canon 50D, delivering more detail than most of the 12-megapixel cameras on the market for less money.”

Both the DPreview and Camera Labs comments above are based on preliminary use of beta models, so it’s a bit early to tell what the verdict will be. But it’s clear this is intended to be Canon’s new flagship model at the lower end of the market, and that it will be popular camera.