Just wondering what the situation has to be for a product to be considered "refurbished". I've been looking online for a Canon Elan 7e, and found a refurbed one by Canon. It's like ~$60 less than brand new. They guy told me that it's still brand new and never been used, and even has the Canon 1yr warranty on it too. Sounds good to me, but i still have no clue what exactly makes it refurbished?