When I was browsing through eBay last night, I was interested to note that a new Baofeng rig, the UV-5R was available. It runs higher power than the UV-3R, has a keypad and looks an interesting evolution. Since the rig was only £38, it didn't take much thought to order one. I shall look forward to it arriving.
In the meantime, Hans, PD0AC has already received one and is writing up his findings
which look interesting.