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It is estimated that the cost to make the penny will be greater than it is worth. It already is like this, but will soon be outrageous. The same with the nickle. Check this: http://articles.moneycentral.msn.com/News/TimeToKillOffThePenny.aspx?GT1=8376
I say get rid of that motherfucker. I hate pennies. If its not silver, I pay no attention to it. They waste my tax money and are good for nothing. We need to update the currency system, and the plan is to re-circulate 2 dolla bills. That would be the way to go. Fuckin pennies