* I think a square 36x36mm sensor is much more likely than a medium format one; because it allows you to keep using your current canon glass
Really? Is this the new math? Have the basic principles of geometry changed when I wasn't looking?
The largest square that can be inscribed inside the image circle of an EF lens (43.2mm diameter) is a 30.6mm square, not 36mm. So, if you then pull a 3:2 rectangle out of a 30.6mm square sensor (30.6 x 20.4 mm), you get a resulting image that only slightly larger than APS-H.
Alternatively, they could put in a 36mm square sensor and you'd just waste most of the corners...so, would you pay $12K for a camera with the build quality of a 5DII (cost increase based on the number of 36mm square sensors that could be pulled from a silicon wafer, compared to FF sensors)?