And it's not like they didn't have time to react, as the article points out. Digital cameras were moving farther and farther downwards in price, and upwards in

And it's not like they didn't have time to react, as the article points out. Digital cameras were moving farther and farther downwards in price, and upwards in capability quite slowly. Digital cameras had been an expensive curiosity for years, but around 2001/2002, and for me, in May 2002, decent 3 MP cameras started showing up around $400 or so. http://www.amazon.com/Canon-PowerShot-S30-Digital-Optical/dp/B00005QFZF http://www.amazon.com/Canon-PowerShot-S30-Digital-Optical/dp... Pretty nice example image: http://i.imgur.com/0WcnU.jpg http://i.imgur.com/0WcnU.jpg Until the Powershot S30 showed up, I was still shooting a Nikon F3 and a Yashica T4 compact. It took another couple of years before the D70 appeared and could compete with a decent negative scanner, but it did, and I've been happily stuck at 6 MP ever since, though my small sensor compacts all pretend to be able to do better. (But can't) edited: I messed up the dates, I've been shooting digital longer than I imagined!