T1is are not 1080p.
Go on ebay and get a brand new T2i body for $520 then get the 50mm f/1.8 for around 80-100. It'd be the same as buying a new T2i w/ Kit lens from anywhere else.
Or if you're really tight on money, look into the Panasonic Gh1. You can find them used on ebay for 200-400 and they put out way nicer footage than T2is.
My bad haha. I do not know a ton of specifics about DSLRs.