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Canon has really lost it. It wasn’t so long that I wrote why they have lost it, and it seems that they continue to take hit after hit, not only from the competition, but from their own mistakes as well. It’s one thing to be given a hard time by the competition, but it’s completely different to be screwing up your own products. It appears that Canon simply do not learn from their mistakes.
Take the EOS 50D for example. From the moment they announced that camera, I could immediately see that it would not be succesful. I wrote a lot about it, and you can read the older articles and judge for yourself.