Hey Jen,
I absolutely love it. It's my first DSLR so there is a lot to learn, mostly interface complexity, but I think it is a great camera. I was torn between this one and a D80, but am very glad I pick D40x, if for nothing else but the weight of the thing. It's nice and small, i still weighs more than a p&s, but much less bulky than the d80. I will be posting samples of my pictures taken with it soon, but I'm sure you've seen how it performs already. If it's your first I'd say go for it, you will not be disappointed.
Angelika