A few nights ago, both Canon and RED announced cameras in the heart of filmmaking land, only 10 blocks apart from each other. Judging from the specs you could easily say that RED blows Canon right out of the water. 4k resolution at 1-25fps, 2k at 60fps and HDR-x technology at a pricepoint that's comparable to Canon's 1080p are the core differences.

Remember that time way back when I talked about Soviet Montage and their really cool (and somewhat super secret process) HDR video?