Nikon D40 with 18-55mm kit lens, 55-200mm for telephoto, and an SB-400 Speedlight. Also a Canon Powershot A75 for when you don't want to lug the full gear bag.
(Say 'cheese') The little flappy thingee is the case on the strap for the Nikon IR remote.
Post processing is done on a Macbook 2.0Ghz C2D with Photoshop CS3, with Samsung SynchMaster 225bw 22" external LCD because the Macbook internal screen doesn't seem to get the colors right. Printing done on an Epson Stylus Photo D200, but it's a little dysfunctional color wise, but it prints directly to inkjet printable CD/DVDs so I tolerate it. Pro-type printing I do at Walmart.
The wife shoots with an Olympus E510 with similar spec'd lenses for her rig. She does the post with Photoshop CS2 on her black Macbook C2D.