Interesting post Dan
Yes, pick your weapon indeed. There's a trade off in all these things, and different strokes for different folks.
Most people seem to be seduced by the more pixels thing, which doesn't do it for me. That's why I'm keeping my 40D for a while as Canon got it wrong IMHO with the 50D, shoving in more pixels but actually increasing the noise. Bad trade off.
Nikon appears to be hitting all the right notes with the D3 and D700. Plenty of pixels for any sane person, plus amazing high ISO performance and/or lovely deep dynamic range into the shadows. The latter is clearly visible, even in 6x4in prints!
For me, crop format seems to deliver up the best set of compromises, although if I was starting again I'd go straight for a Nikon D700. High ISO/low noise, plus incredible AF. But I'm confident that in the next generation of cameras or two, the noise/ISO thing will be improved significantly, not to mention the whole raft of digital image enhancements we've seen in this camera or that - mainly compacts.
One of which really does interest me, and that is the pixel-twinning that Fuji has in its new compact. It pairs its 12m pixels to give 6m effective pixels (still plenty) but in each pair one records the low end, and one does the highlight end. The pics I've seen look really good, and not like artificial HDR at all
