I think the revolution is that talents that can not afford $$$$$ or $$$$$$ camera, have now chance now express and use their skills and the rest is to let the Darwinism to work. Those who have skill will remain, no matter what's the price tag of their gear and it can surely happen that pros with $$$$$$$ worth of gear will lose because what they have is gear, but not really talent, they do how they have always done before. Traditional TV producers at least in here are those dinosaurs which are going to fall (I would predict). I have been attending on events which have had traditional TV-professionals with so heavy gear SD camcorders and other gear on them and the picture they are doing looks like absolutely crap - I prefer all the rainbows of my 5D in comparison - SD has ugly aliasing when displayed upscaled (without antialiasing) on a sharp HD display and the nicest "cinematographic" effect these guys are using is zooming ;-) because their cameras are so big they can't move them even on a dolly... It might be that in USA everybody is doing HD already and Pros constantly do better stuff there than here, but it is interesting here on events to see these enormous SD cameras that are like size of a truck and do worse picture than my Sony handycam from stone age. People with more versatile gear like FS100s, AF100s and and F3s are going to replace those SD gear guys sooner or later and we may even start seeing some sliders, steadicam, shallower depth of field etc. in TV which has not been there ever before (in this country at least where I am from, at least as far as I have seen the little I have watched, I generally don't watch TV because I don't have time and it is crap that only goes to people that are 40 years older than me).
Anyway, skill is two things a) talent and b) practice, practice, practice and not gear. Owning a RED would not turn me a pro-DP overnight, so I rather keep doing this b) with my 5D mk II now and mkwhatever later. And yeah, I am I software engineer, product owner and a project manager and not a certified professional cinema person - I know C++ and how to build teams and to run projects, but it does not matter, I keep doing the b) because I like to do that. I am just happily shooting more and more material, terabyte by terabyte, and now I am even progressed enough to have a storyboard and a plot for a script (script under construction) for ~50 scenes and 5 minutes and we are going to film these despite pros would laugh us out loud
. We are not afraid of that. We have several plots actually for the future too. Some of them are not possible to implement yet with the current tool and skill level, but hopefully will realized someday - they are rather cool, something you haven't seen from Hollywood.