For that money you could get a KM Dynax/Maxxum 5D with the 18-70 kit lens, a second-hand 50mm 1.4 and a 70-200 f4 and still have change left over for a packet of Sensorswabs. You get proper manual control over everything, a real viewfinder, faster and better autofocus, shorter shutter lag, a far bigger LCD, proper white balance control and the ability to use greycards, longer battery life, the amazing KM antishake and a multitude of other goodness. Yes, the optics might be very nice, but there's no upgrade path and they'll still be whupped into next week by a £70 prime. The extra 4 megapixels is about an inch and a half of extra print at 300dpi and meaningless once you take Genuine Fractals into account - a good 6mp APS C sensor resolves more detail than even Provia, no sub-£1000 zoom will outshoot a 6mp sensor.
It's a nice camera if prosumer shooting is the limit of your ambitions, but I'd far rather hand a student of photography something that will grow with them. Being able to rent a 300 2.8 for the day or plug into a studio flash system may be irrelevant to the snapshooter but it's the reason why SLRs dominate.