Steve over at Steves-Digicams has posted his first look at the Olympus C-2040. Here's what he says about it (so far): "Olympus has cranked out yet another excellent camera. This is an updated C-2020 zoom with the new large-aperture F1.8 lens that improves low-light pictures and exends indoor flash range. In addition to the new lens the C-2040 Zoom also gets an internal upgrade with the latest exposure and focusing systems and 8MB of buffer RAM. And there's some completely new features like Multi-spot metering, spot AF and custom one-touch white balancing. Nice to see that everyone is not abandoning the two megapixel cameras but actually improving them."

Click here for Steve's first look at the Olympus C-2040