I am surprised that no one has replied back to you on this…there are usually a lot of opinions regarding which SLR, etc. from this board.
Here is my thoughts on this…I own a Nikon D70s. I bought this camera before the rest of the Nikon D family came out…and it was a quick decision since I needed a nice camera prior to the birth of our first child. I don’t regret the purchase of the D70s at all. It is a solid camera all around. In all honesty it is more camera than I actually use since I usually shoot on Auto…and do nothing more than 4X6 prints and internet posts.
IF I was going to purchase a digital SLR today…for outdoor and fly fishing purposes mainly…I’d seriously look at the Nikon D40. It is tiny compared to the D70s. Finding a waterproof carry option, one hand photo taking, and even wading with this pretty big and heavy SLR has it’s downsides. I could get a lot of use out of the D40…and now kind of wonder if I should have asked for money towards that for Christmas instead of the Pentax Optio W20. There are a lot of benefits from a SLR over a P&S…and I am sure that it will come to a point where I’ll want a small digital SLR and the waterproof P&S for fly fishing and outdoor use.