Dpreview has posted review of Canon EOS 500D/T1i

Overall conclusion:

The EOS 500D is the latest incarnation of a highly successful line of cameras and although the ‘entry level’ market segment is these days much more crowded than it used to be, we would be very surprised if the new model would not sell like hotcakes.

All the major manufacturers cram more and more new features into their ‘budget’ offerings but the EOS 500D is arguably the currently best specced camera in the segment, which lifts it some distance above pure ‘entry level’ territory. It comes with the highest resolution sensor (15.1 effective megapixels) in its class, an excellent 3.0 inch high resolution screen, extended sensitivity up to ISO 12800 and the arguably for many users most attractive new feature, a movie mode that records 1080P/20fps or 720P/30fps High Definition video footage.

It combines all this with decent image quality and while its appearance might be a little plasticy and the handling can be difficult with larger hands the 500D’s main problem could be that it’s a little pricier than most of its direct competitors which, in these times of economic turmoil, might render it less attractive to some potential buyers.

For the most complete review of this camera, head on over to this link.