Excerpt: I bought one of these two years ago, and all I can say is that it is a loyal and reliable beast. I've made it work way too hard and it is still going strong. I've subjected it to rain, gravity, heat, and general abuse and it still looks and acts like it did when I got it. The flip screen is the best part, I don't know why they don't include it into the higher-end cameras. The worst part is that the kit lens sucks up anything in the air around it.
Conclusion: I know there are a bunch of other brands and models, but this is truly one of the best cameras you can get for it's price. I've been using this for around 3 years now and I've grown so fond with this camera that I don't know what I would do without it. Yes, there's the 70D now and the 7D, but this lacks none of the reliability and good performance canon is famous for. I've used and abused it in though environments and it has never failed on me.
Pros: size, weight, fast burst, reliability, nice accessories range
Cons: noise at 800 and up, rubber grips come off with time
Conclusion: Talk about an unexpected purchase, I had walked into a well known national electronics store to buy a 32G memory card for my Canon Powershot SX20 IS. I walked out with an accessory for that memory card, an EOS 60D with the 18-135mm kit lens. Along with a 70-300mm lens. And I am not one for impulse purchases, it usually takes me 6-7 months to commit to a purchase like this. I have no regrets in the purchase.