Originally Posted by JamesMathew
I see the 18-55mm EF-s lens ending over $165 on ebay!
This should answer the question. If you can sell a used lens for $65 more than you paid and the only people who can use it are those who passed on buying the lens for the lower price (since EF-S only fit 300D's), there must be something about the lens worth having. I'll be it is the fact that some people are slow to realize that the 18mm option (28.8mm equivalent) is worth having even if the lens is not 'L' quality. Buying the worlds sharpest 28mm to 300mm zoom will allow you some really great pictures but will do nothing for you when you want a wide angle. 28mm x 1.6 factor = a normal lens range 45mm. If you only shoot wildlife from a mile off, the kit lens will do you no good. If you are shooting the kids opening packages under a Christmas Tree crowded in a small apartment, it will be the best $100 you ever spent. Buy the kit and sell it when you decide you never shoot wide angle or when you buy a 12-24mm replacement for it (at $1000).