I buy only the best quality cameras, now if a company in the US made one that stood toe to toe with the best then yes I would buy the US one.
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Cellphone cameras already own that turf. Every member of the family has one, and they are considered essential to life on the planet as we know it. They are always at hand and ready to use. Picture quality is not really an issue, since it's the instant gratification the user receives from being able to upload that murky pic of aunt Jane and e-mail it to everybody in your address book for fun that is making the camera phone King. Besides, do we really want Kodak to design another faux Canon, Nikon, or Sigma DSLR?
It is a great idea. if Honda can build cars in Canada, featuring a higher quality standard than their Japanese built units and sell them at a very competitive price, a Kodak or Pentax could do the same thing for cameras. To keep the initial investment cost down, it would have to be a mechanically simple camera, relying more on electronics. Certain parts will, nevertheless, have to be imported, but in time it could be a truly American camera.