As amazing as digital single lens reflex (dSLR) cameras have become, it is a bit sad that Canon’s website now includes only one film SLR: the absurdly expensive EOS-1v. Nikon’s page has two: the $2000 F6 and the $350 FM10.
This makes me glad I went ahead and bought an Elan 7N four years ago, while digital bodies were still totally unaffordable. While it lacks the convenience of the digital options, there is still much to be said for film. A cheap roll of Velvia or T-Max can give you better performance than a $5000 digital camera, and negatives are comparatably easy to archive in a way that will endure for fifty or one hundred years. Also, changing the kind of film you use can have a big effect on the kind of photos you produce, and it is a lot easier than buying a new digital sensor with different properties.
No photographic technology ever really dies. There are still artists and enthusiasts who make Daguerreotypes, after all. Film will simply move from being the default medium to one that professionals and hobbyists explicitly select.
For now, people who are interested in getting involved in serious artistic photography should definitely consider the option of picking up a cut-price used film SLR, a bunch of rolls of good film, and some processing and scanning from a good lab. For the price of an entry-level dSLR, you could do a lot of shooting, with equipment that will not be considered any more antiquated in ten years than it is now.