I think it's really cool that they're doing RAW and trying to keep it on CF cards to keep the work flow good and things Mobile and light. The REDs are large cameras that require a crew to operate. Even their "small" camera the Scarlet (just the body alone with no accessories ie. viewfinder, battery, media) weighs almost 4 times as much as a 5D. No run and gun there.
With that said, it took Canon 5 very long years to do a product refresh (digic 4 to digic 5), so we might be waiting till 2017 for the RAW video implementation.
But it's a nice thought and something to dream about.