meh I have seen very few camera body upgrades that are worth upgrading to if you have the previous model. I just that we all expect a big improvment in a new model and we don't get it since the manufacturers don't want us to stay with a low or midrange model - they want us to fork out the money for the topline.
That said Nikon do appear (At the moment) to have a better upgrading policy when compared to Canon who appear to be more reserved with upgrading lower end cameras
I know what your saying, but it does seem like it is NOT as good a camera as the 40D, surely it should be a bit better.
You are right about Nikon, I have seen images at my local camera club from the new Nikon D700 and they are nothing short of amazing, I am sure that Canon are loosing the plot, but having said that, I am very happy with my 40D, but I would still buy the 1D MK111 over the NIKON.