Reading a bit about the subject on the internet I found there are many designs/solutions available, to get around the problem. Since the price of the commercially available ones are too high for my budget (and let's face it, it's not much fun buying something ready made
when you can also make it yourself), I decided to make one for myself for less.
Please find a few pics of the finished gizmo here. For detailed description and schematics, etc. please refer to my blog : http://diy.viktak.com/2011/03/zeus-lightning-trigger-for-cameras.html