I have no history with Minolta at all, film or digital.
But, I did buy a Konica Revio KD-510z when it was first introduced (I got mine in July 2003, before it was shipping in the U.S. as the Minolta G500).
It's got it's faults. But, I'll give it this... the photos from this camera require less post processing than photos from any other camera I've owned, including digital cameras from Nikon, Olympus, Sony and Epson.
That goes for my Konica Miinolta Maxxum 5D, too.
IMO, the little Konica KD-510z has better metering, white balance and image processing algorithms. It's too bad about the redeye using it's built in flash, though (to be expected from a subcompact model with a flash located so close to the lens).
Noise? Sure, no contest (the DSLR is gong to win every time). Flexibility, control of depth of field via aperture selection, etc... Sure, the DSLR is going to win.
But, that doesn't change my thoughts on how this little Konica meters and processes images. I really like this little camera.
IOW, I can't fault this little Konica for it's intended market. It's capable of taking some very nice photos, with little to no "tweaking" needed later for best results. I can't say that about other digital cameras I've owned (and that includes ALL of them).
Were some bad business decisions made? Sure. Was the name change a part of it? Sure.
When the merger first took place, I thought that they were going to market the same models under one camera brand in some parts of the world, and use the brand in other parts of the world.
That's what it looked like their plan was to begin with (an example being my Konica Revio KD-510z, which was marketed under both brand names using two different model numbers).
I figured that they were probably using the brand name that had the most credibility/acceptability for a given target market (either Konica or Minolta).
But, that's not the way it turned out.
I'm no expert on their financials (and I've never tried to research them). But, I also understand that they didn't plan for the taxes on combined revenue well enough, and that hurt them (higher percentage of total revenue going to taxes, compared to what the separate companies would have paid).
My understanding may not be correct, but I can remember reading an story about it at one point.
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JimC
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http://www.pbase.com/jcockfield