Reports are coming in that Canon is gearing up to announce a successor to its EOS 5D Mark II DSLR next week. According to Canon Rumors, the new model will feature a 22-megapixel full-frame sensor, 100 percent viewfinder coverage, a 3.2-inch LCD display, and the 61-point auto-focus system from the EOS-1D X. The site states that the asking price will be "around $3,500" and expects the camera will be announced on Monday or Tuesday of next week.

While it's important to remember that these are just rumored specs at present, they would represent a significant upgrade over the EOS 5D Mark II, which is over three years old now. Now that Nikon is preparing to ship the D800, Canon's going to need to have a comparable camera to prevent its users from jumping ship.