As desirable as the specs are, this comment on Canon Rumors balances things up: "To those fawning after the Red...sure, it looks nice, but the poor color rendering, impossible proprietary workflow, and constantly-in-need-of-updates software make the camera a nightmare, imo, to use. Canon's footage has nicer skin tones than I've ever seen out of a Red. There's a reason so much tv is shot with the Alexa, rather than th…
I think Canon Rumors is a little disingenuous (much like MacRumors). The workflow isn't that bad, and the skin tones look good with HDRx. Canon has some fun with formats, not giving a true RAW for video. Neither camera has the true killer feature for a lot of productions: on camera ProRes recording like the Alexa. If Canon had come out with a camera with a good RAW format and on camera ProRes, then I would say Canon…
Extra cost ($3k). Compared to $50k+ for Alexa, it's still a great price/deal.