Is This a Good Camera?

The camera is fine. It's more the lens and the monkey behind the camera that matter.
 
The Rebel XT is a fine camera. You will need a macro lens (100mm f/2.8 ~$500) and a quality tripod (~$300) to make to good for your corals though.
 
Lol, I think I'd rather spend the money elsewhere then. I have decent tripod, and a lens... however I'm not sure what exactly the lens is.
 
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