jsrockit
Moderator
Reply to the poster above about depreciation. Have you calculated how much a M3 or Canon 7 has depreciated? They cost about $300 in the 1950s, which was like about $3,000 today. They now are about $400-$1,000, and have been at that price for a long time.
It's like asking someone in 1954 if they cared if their $13 Argus was going to depreciate. I don't care how much a $600 camera depreciates (but sure would on a $7,000 M9). Do you care if your refrigerator, microwave, TV, Computer, wristwatch, car, etc., etc., depreciates? No, these are throw away items. You get 5-10 years use out of them, they break, you buy the newest thing.
Not sure if you are replying to me, but I'm actually with you. I don't care about depreciation (especially in digital cameras where I'd be spending similar cash on film), I was simply stating that 60% + depreciation in 2 years cannot be considered holding value.