I'd say, based on all that I have read about this model, that it is poised to create a virtual avalanche in the camera market for lightweight HD cams. Sony must be trying to head off the Silicon Imaging and Red One offerings, which are super cameras at absurdly-low prices.
So far, the still images that have been posted from this model seem degraded and not compelling. I am waiting for some raw footage to play with and evaluate. But based on the specs, it looks like it solves every problem that faces event videographers and indie filmmakers.
This camera is poised to be the new darling of the indie film industry. I just hope Sony doesn't screw around with pricing. We're definately going to purchase a number of these. I wish I had them right now for a symphony concert we're covering this month.
Take care,
Mark & Mary Ann Weiss
http://www.basspig.com The Bass Pig's Lair - 15,000 Watts of Driving Stereo!
http://www.mwcomms.com
http://www.adventuresinanimemusic.com