Impending Canon PowerShot S20 ?

I recv'd email over the weekend and a source that shall remain nameless had this to say:

"Canon had a meeting in Germany yesterday and, according to my German source, are going to introduce a S20 with 3.3 megapixel, 2x zoom, USB, metal housing, included is a 16 MB CF card, rechargable battery, AC-charging adapter and very good software. Market introduction in March. Street price DEM 1998.- (USD 1035)."

Remember not too long ago we broke the "unofficial" news of the S10 before it was finally announced by the Canon PR folks so this is probably very accurate information on next year's new model.