When will it sink into Canon's head that the only thing Red Digital Cinema has over them is uncompressed RAW motion capture? Why does Canon keep announcing camera after camera with some idiotic file compression scheme? Now they're thinking Motion JPEG. How about just RAW data over an HD-SDI or Thunderbolt connection?
To me, the most apparent difference between these Canon cameras and the RED cameras is in the ergonomics - and size. To go with uncompressed RAW video they'd probably have to go to hard drives, too. The RED cameras look much bigger and clumsier to work with but they can't simply record to a couple CF cards. Keeping that much data moving through the system seems like it would be the cause of much greater battery use and data throughput requirements, as well, because the Canon camera is ditching a fair amount of data with the 4:2:2 chroma compression scheme.
I think your main point stands, but it seems to me that there is a clear tradeoff here between data and mobility (as a result of the extra requirements to do uncompressed capture).
However, Canon is using the DIGIC DV III in the C300, not the newer DIGIC V (or V+). This may simply be the result of the DIGIC V series not being optimal for video - hard to say as of yet. I think the next round should be better for Canon, though.
Disgusted by the washed out, poorly white balanced and noisy image quality of the last Laforet's video compared to Nocturne and Reverie.
I didn't see it. In any case, the short was shot using natural lighting and at ISOs up to 16,000 (or so) - how is that bad performance? If you can use artificial lights that goes away. I don't understand the white balance critique at all - there definitely was some color grading but it didn't seem terribly inconsistent (in a jarring way, at least).