If you want to make this fair, here's what I personally would do if I were in your position. The first $ is basically the top going price on the street. The second $ is what I think a fair offer between friends would be. FWIW, the 18-55 lens and the 75-300 will still work on other APS-C cannon bodies if you decide to upgrade (but I'm sure you know this already).
Body $150 $125
Lenses:
EF-S 18-55mm f/3.5-5.6 II $100 $75
EF 75-300mm f/4-5.6 III $75 $50
Flash:
Vivitar Auto Thyristor 2800 >$20 $0-$10
Case:
Lowepro Off Trail I >$25 $0-$15
So you're looking at around $250-$275 as a fair barter price for the setup. That would do a pretty nice little P&S cam.
This is the worst pain EVER!
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