This just in:
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So now 21.1 megapixels, total choice compression, uses the UDMA faster cards (had to happen), “live” view.
Check out this video for what was, improve upon that, and read on for what is coming.
Not for the weak of heart or casual user, this is the real deal. Get some bigger servers.

And so the race for the top new gear for the year end begins.

LAKE SUCCESS, N.Y., August 20, 2007 – The new 21.1-megapixel, full-frame Canon EOS-1Ds Mark III Digital SLR* camera brings the power of Canon U.S.A., Inc.’s professional imaging excellence and innovation into sharper focus than ever before. While Canon’s EOS-1D series has dominated the 35mm-based professional Digital SLR market for the past six years, the new EOS-1Ds Mark III Digital SLR takes Canon’s pro-digital prowess into and the realm of high-fashion and commercial photo studios where bulkier, medium-format cameras previously reigned.
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The Canon EOS-1Ds Mark III’s compact, lighter-weight magnesium alloy body is rugged and versatile enough to take out of the studio and into the field. The camera’s fast, five-frame-per-second (fps) shooting rate for bursts of up to 56 Large/Fine (21-megapixel) JPEGS or 12 RAW images is unmatched in its class, making it the ideal instrument for capturing the fluid motion and free-flowing lines of location-based fashion photography as well as a wide range of other professional photographic applications.

The Canon EOS-1Ds Mark III professional digital single lens reflex camera is scheduled to begin shipping in November and will have an estimated selling price of $7,999† (the same price as its predecessor, the 16.7 megapixel EOS-1Ds Mark II).

“The EOS-1Ds Mark III Digital SLR camera is a prime example of the EOS philosophy and Canon’s ongoing commitment to providing photo professionals with the tools they need to create the finest quality images,” stated Yuichi Ishizuka, senior vice president and general manager, Consumer Imaging Group, Canon U.S.A. “To continue our legacy, we must provide not only the right professional tools, but also the finest photo tools for the job and do so consistently, whether we are presenting this exemplary EOS-1Ds Mark III SLR camera, or any one of the many fine specialty lenses, flashes and accessories that populate the EOS professional photo system.”

Click here for full press release.

There will be a ton more at PhotoPlus and we’ll be ready with video reports to get you as hands-on a look as possible.

Cheers!
Damon