The people on Digital Rebel forums pretty much agree that you should get the kit lens.
It is a universal lens at a bargain price.
It covers from 28.8 to 88mm (35mm equivalent).
Since 50mm (35mm equivalent) is considered native size, the kit lens takes you from wide angle to a mild zoom.
When fully zoomed, it will serve well for portraits.
...
..
.
Hi
I'm going to be purchasing the Canon Digital Rebel XT very soon. I see that it comes with the Canon EF-S 18-55mm f/3.5-5.6 USM zoom lens.
I have some questions about the lens itself. Is it a good lens?? Is there a better lens?? I know there are lots of lenses to choose from, depending on what type of photos to shoot. I'm looking for AN EXCELLENT ALL PURPOSE LENS that will take all types of photos. Does anyone have any ideas or suggestions??
Thanks for the help.

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic