Man the 5D III was blown away...
I am not a videographer so my view on the subject is purely impartial and for fun...
I am very disappointed that after 150 years of photography, nobody can come up with something close to what the human eye sees. I have been dreaming of a photographic camera that can deliver the kind of dynamic range the Blackmagic camera has.
No matter how expensive the camera, the dynamic range is still limited. HDR is a joke. Who has time to post process 3 photos to create what should be done in camera, and in real time.
I think it is totally possible to have a professional camera with 2, or 3, smaller sensors: One for highlights, one for shadows, and mid tones with a real time preview and on the fly processing.
I wouldn't care for huge megapixels or frames per second.
I would rather take a 7MP camera with this kind of dynamic range than a huge 40MP camera that still "sees" One light...
No matter the price... a $199 pocket camera or a $7000 1DX, the problem is still the same. You have to choose just one exposure...
I really dream of the day where the output of my camera is the same thing I see thru the view finder.
For example, take a picture of a well lit interior on a bright sunny day or a silhouette against a sunset without using a flash...
Maybe the technology is already out there. Even cheap video cameras can get close, and now seeing this amazing Blackmagic camera makes you realize the original 5D II was used by cinematographers because, at the time, it was cheap in comparison.
Who would use a photo camera to do video if they had a choice? Nobody...
The Blackmagic will dethrone the 5D II and III as the inexpensive cine camera alternative...
As I understand, the workflow can be a pain but then again, videographers spend countless hours editing, so they should be used to it... And with results like these, who cares?