One of my earlier favorite digital cameras was the Olympus C5050.
I really liked the size and how great the pictures turned out.
Then came along the Canon Powershot A80 & A95. After that I had to have the Canon S2IS, which I use currently. I didn't upgrade to the S3IS, but was kind of waiting for the next upgrade.
This week on dpreview I see the New DSLR's that Olympus have introduced. The E410 & the E510.
I have always been on the verge of stepping up to a DSLR camera but since I've gotten so used to taking pictures using the back screen, which up till now DSLR cameras couldn't do, that I couldn't get myself to step up to a DSLR.
But now the Oly E510 has really got me excited. The difference between the E510 and the E410 is the E410 is a little smaller, but the E510 has Image Stabilizing.
I have read that the camera plus the two lenses will be just under $1,000.
What I really like is to be able to see on the screen what you are shooting. I have gotten away from looking in the view finder and now it seems awkward for me to look through it to take a picture.
Now things have changed. My S2IS might be heading for E-Bay.

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Sounds like a great option!

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Ohhh...Go for the DSLR if you want it but Keep the Canon S2IS!!! I LOVE mine. Do ALL my shooting on it now. You just may want it sometime instead of lugging around the DSLR and lenses. Used to lug around Canon film SLR and lenses but since I went digital...will never look back! You will be fortunate to have 2 choices for your digital world!!

Sounds like a nice option for you - but I encourage you to start using the viewfinder. What you see on the screen can never truly replace what you see in the viewfinder... just not the same thing,.

Oh.. and don't get rid of the S2.. I use mine all the time for its video - full 640x480 30fps and uses the same SD cards as my Nikon DSLR... I don't use it for the camera but just take it with for the video - you will love having those quick AVI's that you'll miss on the DSLR.

True, actually for what I would get for my S2, and the wide angle and telephoto lenses I bought ( but never use ), I might just as well keep it.
Looking at the dimensions of the E510, it's not very much bigger that the S2. 5.4 x 3.6 x 2.7.
The video on the S2 is really good, but I really don't use it much.
One thing I have problems with on the S2, is I have a large hand, and I don't know how many times my thumb has accidentally hit either the omni selector, the set button or the meme button, and I would have to reset some options again. I wish they would keep everything away from the right side of your thumb.

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agreed.. I love that S2 though - a wonderful camera - especially in the used market right now (ie: cheap!). I still keep mine around and use it along with all my other P&S... each has it's strenghts and although I don't like carrying 3 cameras with me.. they all do things just right!

My daughter is using the E-Volt 500 and loves it. Now that the 410 & 510 are out the 500 has a lower price. Our SAMS has the 500 for $649 (2-kit lens). But no money.

I have the E-20 and love it. For the type of work I do (living history and portraits) it is definitely great. I have X-sync upto 640. The X-sync limitations and no external sync terminal have kept me from upgrading.

But the images sh is getting off the 500 are terrific.