The EF-S issue
I was under the impression that the EF-S lenses were physically incompatible with the current full-frame lineup - they sit deeper in the body and would damage the mirror of a full-frame camera. So unless future full-frame cameras adopt the EF-S mount, EF-S lenses are destined to become orphans when (if?) Canon's entire lineup goes to full frame sensors.
It's true that the EF-S lenses are only compatible with the 1.6 crop cameras, but also a fact of life that we will not see full frame bodies get cheaper anytime soon because the cost of making them is so much higher.
Canon makes its own sensors and the machines which make them. The 1.3 crop is the largest which can be currently made with a single exposure per layer on the wafer when making the sensor chips. The FF sensors require overlapping three separate exposures. So aside from less yield per wafer there is more manufacturing time required and likely an order of magnitude more spoilage. So don't expect to see a $1,300 FF body anytime soon.
FF cameras certainly have their advantages but they also have drawbacks such as being bigger and heavier and causing you to loose the extra 60% in effective focal length on the long end. The current generation of 1.6 crops are not lacking in resolution or IQ.
Personally I didn't opt to buy a DSLR until the 20D. I know a bit about digital reproduction and felt that its 8MP resolution would be more than adequate for my needs over the long haul, which is a consideration for me because I don't sell and upgrade with every model. The thing that also kept me on the fence in 2003 was the lack of a ultra-wide lens for the 1.6 crop. The 10-22mm which was launched with the 20D solved that.
I figured that if I did ever upgrade to a FF body for portrait work I'd keep the 20D as a second body for WA and TELE shots in the field. Or alternately since there would still be lots of 1.6 crop camera users around looking for an ultra WA the 10-22mm would be easy to sell at a good price.
So my advice is get what you feel best meets your current needs rather than worrying too much about the FF thing...
Thanks for the comment on the photo. It's Emerald Lake in Rocky Mtn. National Park which is easily accessible from the Bear Lake parking area. FWIW, the light weight of the 10-22mm was a joy when trekking up the mountains. Unfortunately I also had a 24-70 2.8, 70-200mm IS w. extender, and flash to haul
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My wife took the above with her Panasonic DMC-FX9 which is the size and weight of a pack of playing cards. But then women are smarter
Note to self: By a camera backpack before the next hike to 11,000 ft.
Chuck Gardner