The rumor mill is gaining momentum concerning a Canon Rebel T1 / 2000D, which would play second fiddle in Canon’s Rebel lineup behind the Canon Rebel T1i / 500D. Recent rumors point to a June 2009 release – perhaps within a handful of days.
Bear in mind, however, that there have been speculation and rumors concerning such a camera (i.e., a replacement to the Rebel XS) since before PMA. The folks at Canon Rumors are staying on top of things with the most recent rumor suggesting that the camera could even come next week.