Ok, this has brought us some concerns for me. I contacted the company I bought the camera from, and it came directly from the factory, and has the warranty. There is no rebate, that would definatley raise the price. I think you guys are right I got hosed on the memory card. It is listed as high speed with a 5 mb/s transfer rate. They had 512 mb card listed at $299, according to parker he got one for $42. I found a web page with answers about gray market cameras. It stated most of these companies are in NY, and are selling cameras that came from out of the country, and have no warranty. The article went on to say the companies are a hard sell on the accessories, and usually have up if you question the warrranty. The outfit I dealt with was helpful, and I did not feel I was getting screwed. I guess I will see when the camera arrives.