I'm surprised at the current price offered by Kimstore for the Nikon D3100. It is now priced just at Php 19,900. This is cheap considering that the D40 was around 15k second hand not too long ago.
Let's hope I can save enough cash to buy one. This should also push prices of the second hand D40 downwards.
UPDATE: The camera is now available for only 19k pesos. :)