"Innovative video features"
lol yeah maybe 2 years later with ML hacks.
unless its 4K its DOA.
Maybe. But if it's a pro-oriented camera, I think decent codecs would go farther than some kind of ultra-compressed 4K. If you acquire in 4K with the intent of downsizing to 1080p, you can get some of the advantages a better 1080p codec might have provided, even if the 4K source file isn't ideally compressed-- but you can't fully compensate for the real deal.
Rumors a while back talked about 60fps RAW bursts, which would be "innovative" in a Canon body, and would serve, within limitations, to offer both a 4K+ spec and a RAW video spec, with some slow-motion applications adding to the appeal. That sounds intriguing, but I think both Panasonic and Sony are going to continue to up the ante in the $2000-$5000 range, so hopefully there's more.
If the Cinema EOS line is upgraded at some point in early 2014, that opens the door for a 7D Mark II with relatively fewer artificially crippled functions. The C500 mk ii will probably remain Canon's only RAW option for real 4K and slow-motion recording, but the C300 follow-up could get 4K with a good codec to CF cards, and more frame rate options; and the C100 successor might get 4K with a lesser codec, or maybe 2K output with the original C300's broadcast-ready codec, and 4K available to an external recorder. All of that seems reasonable. It's conservative enough to fit Canon's attitude but aggressive enough to remain broadly competitive with more spec-rich options from RED, Sony and even Black Magic.
That might open up the 7D Mark II to real 1080p recording-- e.g. sample the whole sensor, put it in a 10-bit codec, etc. That would leave 4K to the Cinema cams but provide a C300-level HD image on a DSLR-- something Canon doesn't come close to providing now in the regular pro DSLRS, and that it only comes sort of close to even with the 1D-C. If it included a 60fps RAW burst, 1080p with a great codec and sampling, 1D-series frame rate and AF and a great build... I'd probably pay $2500 even if the still quality is only on par with Canon's other APS-C sensors. If it's actually a stop better, I'd be pumped. Granted, I'm someone who shoots both stills and video, so my video zeal is surely swaying my enthusiasm.