Another sad chapter in the fate of the once iconic photography technology company is beginning with news that Polaroid is being offered to a private equity firm for a $42 million. This after the company was laid low with fraud allegations against owner Tom Petters. The company has been in bankruptcy proceedings since December.

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The Impossible Project

Meanwhile, some former Polaroid engineers have started what they call "The Impossible Project" designed to produce some new Polaroid-compatible film. They have even taken over a shuttered (yuk) Polaroid factory in the Netherlands.

Got me a 600SE body

On the other hand, I just got my hands on a Polaroid 600SE --albeit one without a lens -- and will attempt to try it out today with the help of a local user.