This is my first post, apologies for any mistakes.
Prices are slowly dropping on the outstanding Nikon D40 now that the D40X is on the market. However, this deal is hard to beat from Jessops and you can reserve and collect in store too or choose free delivery.
Use the voucher code (JDSLRJ015) to bring the price down from £339.40 to £319.40, with Quidco you're down to £311.33
You won't get better picture quality from anything else at this price; don't get blinded by mega pixels, from personal experience pictures from the D40 are virtually indistinguishable than those from the D40X yet it costs 2/3 of the price.