Here is what consumer advocate Clark Howard says about it:
Canada has now done away with its penny. Is now the time for us to follow suit? Pennies actually cost more than one cent to make and manufacture. Think about how easy it would be to do away with them. Let's say you go to a store and the price of something is 11 or 12 cents, it just rounds down to 10 cents. If it's 13 or 14 cents, it rounds up to 15 cents. That rounding makes us exactly even-steven over time.
I vote to get rid of the penny. How do you vote?