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Toshiba announced its newest line of high-resolution digital cameras, including the PDR-M1, a 1.5 "megapixel" camera for $699, and the lower-end PDR-5, for $399. Separately, Olympus announced price cuts across its digital camera line. Olympus' D-220L has been discounted from $499 to $299, its D-500L has been discounted from $899 to $699, and the D-600L has been cut from $1299 to 999.