I am about to start photography school, what is a good professional inexpensive camera? Under $700.00 USD?

I would say the Nikon D40 Its an entry level DSLR. A digital SLR will give you a much larger sensor than any point and shoot camera. Larger sensor = more light to each pixel = clearer, crisper photo with better color saturation. DSLR will also let you grow and take more control as you learn more and you can change lenses when you have a need to. The sensor on the olympus is smaller than on Nikon or Canon

I am a nikon person and have had nikons since the 70's I personally think the nikon D40 give you more for the dollar than any DSLR today. There are some that do more but you pay a good bit more. Do not let the lower megapixels concern you if you do not do very very large prints you will never notice the lower DSLR. My brother recently needs a DSLR for a class and I recommended the D40 to him So I would also say get the D40 not the D40X. The Nikon D40 does not have limited functions compared with other entry DSLR. Yes it has fewer funtioncas than a 1500 dollar camera body would. It is not a a cut down version its equal or above most any entry level DSLR.

There is a great article in this months Digital Photopro Magazine that is titled "Megapixels how much is enough" EVERYONE looking at buying a new digital camera can profit by reading this article. Its here

http://www.digitalphotopro.com/studio/megapixels-h...

I have a d300 and a d40 and when I am shooting for fun I grab the d40. Its weightless, a joy to use and gives good results

Since you have a bit more money the D60 give you a number of things you want. It has newer firmware and image processors, designed for the 10 mp sensor. It has an "Active Dust Reduction System with Airflow Control ". Nikon not putting a system on the D40 to deal with dust is one of the biggest drawbacks I see to the D40 ( though I think its still a great camera for the money) If you change lenses dust will get in and the camera needs a system to deal with it. With the D60 you get a VR lens. That will help with low light situations ( they may offer that now with the D40 but originally it was not) . The D60 has Adaptive Dynamic Range. Nikon calls it "Active D-Lighting," it lets you save some highlights that my otherwise be lost. It has a newer better metering system than the D40. So you can get the D40 not the D40 x and spend the other money on lenses or a flash

Some people will want to make a big issue out of the fact that there are some nikon lenses that will not autofocus on these cameras. Right now there are "only" about 39 lenses that autofocus on these cameras. They cover the range of focal lengths. I doubt any photographer would be seriously limited with "only" this many lenses to choose from. If you want to manually focus you can more than double this and do so at a low cost. Manual focusing is easy and how we did things for decades before the advent of autofocus.

Cannon and Nikon chose to put the vibration reduction in the lens rather than the body. Somefolks put it in the camera and make of that. Yes that means you get stabilization only on lenses with that feature built in. In the body in theory it would work on every lens. But in fact image stbilization in the lens has proved to work faster and smoother with a lower impact on focus times than image stabilization in the body/ One problem with in body stabilization comes from the fact that the sensor would have to move different amounts for different focal lengths. A canon white paper says an in body system would have to move the sensor 1/4 inch to account for movement on a 300 mm lens.

Now a comment on liveview. Have you ever tried to hold several pounds of digital camera and lens steady at arms length while you look at an LCD screen. It not at all the same as holding a few ounces of point and shoot camera steady in the same position. One of the things we preach to new photogrpahers is to learn to hold the camera properly so the body mechanics give you a steady shot. You can't really do that looking at the LCD. So liveview is really something that will have very limited applications in a DSLR. Usually only when its on a tripod. I have liveview on my D300 and have never used it. This is how a DSLR should be held

http://www.youtube.com/watch?v=sFQRy4Rr7as&feature...

Nikon also has great service. I was just reading the other day on eyefetch in the Nikon forum where someone posted that they had dropped thier lens and broken it. It was not a fault of the company they messed up. The sent it to Nikon and Nikon could not fix it. Nikon offered them a brand new identical lens at half the price. They did not have to do this it was clear the lens was broken by the user not through any quality issues in manufacturing. Just another reason I stay with them

In closing all the major manufactures make good cameras. With Nikon and Canon having the largest market share. Most photographers are loyal to what they use and like. Go to the stores get them in your hand and find what you

Congratulations on being accepted to a photography school and enjoy the journey.

I would highly recommend one of the Canon Digital Rebels. I have one myself and absolutely adore it. I have no complaints. The newest model is Canon Digital Rebel XSi, it's under $700 and gorgeous! It really is an awesome camera. Check out amazon.com if you're looking to buy it. They have the best prices.

Good luck!

i absolutely ADORE my nikon d40. i'm a beginner, and it's just enough camera for my level now. i highly recommend looking into it. congrats on your acceptance into photography school! i hope i can do the same one day!