but have decided against housing it for now. Instead, I recently purchased a Canon s50 (5mp) with underwater housing for just under $600 (Ikelite's housing for the 300d starts at around $1200). The s60, with a wider angle lens and an underwater shooting mode (whatever that is) is due out this month... I didn't want to wait.
Price was not my primary consideration. I decided on housing the s50 because of it's size... it's pocketable! Having shot underwater video for years (I'm on my third Ikelite housing, and I love 'em) I've found that I'm often reluctant to carry the behemoth around.
I've missed out on an awful lot of photo ops because I didn't bother with bringing a camera along, so when it came time for a digital still camera, I decided to try something smaller... something I believe I'll carry with me and use more often.
From a photographer's point of view, housing the Rebel is enticing. For underwater "snapshots" (if there are such things), smaller may be better... at least, that's my take!