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Confusion over Canon film cameras

Canon AE-1 35mm Film Camera w/ 50mm 1:1.8 Lens

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Canon AE-1 SLR 35mm Film Camera with Eye Cup Canon FD 50mm f/1.8 Lens

Reuters is reporting this morning that Canon has ceased development of film cameras in order to focus on the digital market. A handful of hyperbolic bloggers, including the folks at Engadget and Gizmodo, have seized the opportunity to call this the end of Canon film cameras, though this may not actually be the case. In fact, the Reuters report goes on to state that "Canon said it would continue to produce and sell existing models."

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