If I owned a $5,000 camera, I would consider getting the extended warranty only if the repairs would be done by Canon. Let's say Mack offers a warranty and outsources the repairs to a third party. Would you rather Canon repair your camera or some third party? I don't know who repairs cameras for Mack. It might be Canon for all I know. I'm just illustrating a point. Your camera is such a complex piece of equipment, I would only want it fixed by the manufacturer.